Ann: Quarterly Appendix 4C and Activities Report, page-202

Tony is a good bloke with integrity in my view. He's there to make money for his clients and if he didn't he wouldn't have any clients. He talks up a stock when he's buying and stops talking about it when he's recommending that his clients sell out or derisk. He's not going to tell non-clients when to sell because that could hurt his own clients' back pocket, especially ones that don't follow his sell advice. It's his fiduciary responsibility to support his own clients and that's what they pay him to do. People are too cynical and it means they can't spot what's reasonable. Assume he's selling if he stops talking, it's simple and fair.