Chart, page-2519

Thanks for the above. Instos will not invest too early because they are in a horse race. Too early will drag their performance & make them look bad against peers.

When they are prepared to come onboard in 2018 in preparation for Q1CY19, they will have to take shares from an increasing tight, free float of circa 20%. Chasing after that little float will drive the market value for the rest of the 80% of issued shares now held by the top 20 shareholders.

I have been anticipating this behaviour you shared above. Hence, I have doubled up my positions from 68c to 52c. If you are in touch with some instos, tell them to not all rush in at once. It may cause a stampede.

Wholeheartedly agree your comments on taking +5 year view.

Thanks again for sharing. Wishing you a restful weekend.