Ann: Market Update , page-24

sam,
it's clear that the market has belted the stock bcos of the aweful banking result of only $4mm profit and that was not hinted at in its update. I certainly didn't expect it to be that bad. Unfortunately the recent uptrend in the SP gave me a false sense of hope but I should have known better.

I have been selling down my holdings over the last six months or so and have about 15% of my original holding left. SUN hasn't posted a decent result since 2007 which is dismal in comparison to its peers. I now have to wait for an opportunity when the shorters aren't belting it down.

I hope for your sake that you are a post GFC holder and get better results than I did. I have waited too long for management to get it right.

ANZ