Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-28

Hi Kosec8,
Can I make some observations on your comments. Everyone arrives at their own investment philosophy usually based on their experiences and learnings and if you make good returns overall that is what counts. Hopefully we learn as we go, I know I have over the 50+ years of investing. I have arrived at a different position on PWN to yours. I have gone all in. I believe the share price is an outcome of fundamentals not a leader. I believe that PWN just has to keep doing what they say they are going to do and the share price will follow. Great solid assets take time to build and grow. (My longest holds are 25 to 35years and worth the hold.) I will exit PWN if they stop doing what they say or technology changes dramatically so they can no longer achieve their objectives or some other black swan event out of left field. Otherwise I am in for the ride with a large holding. Sometimes the hardest thing to do in investing is to do nothing, just sit and hold.
Good luck to us all.