"This is obviously a bear market where share price value / falls are common in many companies..." - particularly on securities that are unique to this model.
Phil Green is an ace. He is in my opinion smarter than any suit at macquarie or other asset management firm. He may not fit the mold of *typical*, which is why this has been hammered so severly but the business and its assets are firmly afloat; you are either with him or not or like his style or not for the long term. Simple.
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