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Cornelius, my bet is that ANZ may be taking the oppotunity of the higher s.p. on Monday to sell down its inheritance from Opes Prime. Bear in mind that ANZ still holds HGO and ESG from Opes. At least we have been spared a fire sale even though the holdings may not be very large but still enough to affect the s,p, short term. Bet you the s.p. will improve once ANZ ann. that it has completed its house cleaning.

Be positive and take this opportunity to buy cheap shares. It could be the last opportunity. Hopefully no more Factor X, the unknown.

It has been one hell of a very scary ride since August. The sub prime fallout was enough to cause us to loose our pants but that rogue trader from AGM sure did alot more damage and added real salt to our exposed bottoms. I must say that I for one got plenty of salt and sand right there and will take sometime to shake the bloody things off.

Keep a lookout for the next ann.

Cheers