I wont lie and say I haven't considered selling down too. Considering we were at 26c not that long ago, and could go there again with talk of dubious profit expectations from Fonda. What's keeping the faith for me is Dr Reddys need to sell Fonda to their own share holders as a plus, and how hard that will be to sell to Alchemia as worse than they were expecting. It might have been a throw away line (we've heard them before!) from Pete suggesting the future may be better than we think if the COGS comes down significantly in the future our market position would be strengthened. It scares me a little to see you lower your position though Mat, not so much with Treasure as he/she has always been on tender hooks. Hot Copper may not be the centre of the universe, but just those 2 holdings would account for quite a lot of the volume over the last few days. Anyone else?
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