fresh look, page-16

I think its also the volume of overhang in the shares. The market cannot absorb this level of overhang without good news. Look at strength in WBA and see that that is built out of wanting to wait the results of the harvest IMO. This just has too many willing to sell at the moment.

Unreasonable to assume that we dont have sufficient management and chairman very competent so I have no concerns - have been accumulating but not willing to predict a bottom so smaller orders as it drops.

Still think it has some challenges for next 18 months but if it can get through that I feel it has a lot of upside.