future movements., page-25

Coop

Good to have you back. Two questions:

1. What event, if any, would cause you to concede that AVB is likely to succeed and therefore did constitute a good investment when it was selling for 5-6c (at a time when you were counseling caution)?

2. Your disclosure is that you still do not hold. Do you intend never to buy AVB or would satisfaction of the condition mentioned in question 1 above be enough to cause you to consider joining the register?

Cheers,
Cheetah