Ann: QANTM 2022 Annual General Meeting Addresses, page-5

Yes, generally, increasing volume (unless by bots) is a positive.

Fortunately my three worst performers represent only five per cent of holdings: QIP is one. Far outshadowed by great performers such as NHC/WHC/YAL and in industrials LAU/SNL (two you may not have heard of, they're small) and a few others.

In the trademarks area, Sortify seems to have been a good purchase as its focus on artificial intelligence and endeavouring to convince hitherto reluctant business entitties that applying for trademarks isn't as complex as perceived may be a growth area.

In its October 2022 annual report, QIP commented that it expected to see margin growth 'over the next few years'. Probably too early to judge this six months later, but is progress slowly occurring?

Its DCC entity opened a Hong Kong office last year. With mainland communist China allegedly having had 80 per cent of its population infected with COVID-19 (as admitted in the last 24 hours by a top ranking health official) and allegedly economic growth in that major nation having dramatically slowed, as well as areas like Shanghai having at times been shut down with draconian restrictions, it'll be interesting to see whether this office is performing poorly.or OK.

Needless to say QIP operates in a highly specialised area. Is it having to give employees significant salary rises or other payments to minimise the chance of key personnel bailing? It's previously had difficulty in keeping any costs rise below revenue increases.

I am younger than you.

I cannot give investment advice so good luck if you go ahead and purchase more.