My concern is that the subdued performance of Watermark is reflective of the broader industry given the boost to 1H16 results from the change in American IP legislation. I lost money here which isn't pleasant and selling may prove to be the wrong decision but I was getting increasingly nervous about the next set of results and have had some real stinkers the past 6m so trying my best to avoid another.
My concern is that the subdued performance of Watermark is...
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