today's article re mike young (the australian), page-8

I don't think that "high-handed" is the best way to put it - if you read exactly what he said:

"Really, if you can't read a balance sheet, should you be buying shares?"

He was careful NOT to say "YOU SHOULD NOT BE BUYING SHARES", he only asked the question, so the reader could make up their own mind...

And ,like I said before, he went on to say that if you can't read a balance sheet then you can always rely on the 6 monthly reports.

Of course, in 6 months, the SP has gone from $2.58 to $3.65, so maybe he is right after all in saying it is more advantageous if you CAN read a balance sheet.