Hi Ram,
You misread my disclosure. I hold, as my disclosure said on the post.
I did hold many more in both Super Account and Private Account, but sold 90% of them at a loss.
I don't see this as down ramping, it is my reading of their financial situation.
There is hope for the medium to longer term, but can't see how they avoid a Cap raise on currently disclosed data.
Ann: Maiden Reserve at Bulletin to drive step-change, page-19
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