BLA Overpriced?, page-33

The volumes have been low after the 10 February 2017, so I'm not reading too much into the recent increases.

I'm hoping the shorters are going to come back and downramp to help provide a lower entry. The current price just isn't low enough at this level of AUM to swing big e.g. 10% of the portfolio.

Of course with each passing day AUM is growing and looking beyond 30 June 2017 AUM of around $3.2b, we could be around $4.5b at 30 June 2018. And the market could start to look ahead come August 2017 when their outlook is provided.