IGL 0.00% $2.10 ive group limited

Ann: Trading Update and FY22 Full Year Guidance, page-6

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    "I even suggest that in the last several years SKT IGL has behaved very much as a 'moatish' compounder. I suspect, given the nature & still present fragmentation in the industry, that this is a theme that still has substantial legs (barring a major recession) - and so I am happy to have let this run to become my largest position."

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