u308, page-26

Hi Blokes - whilst the genuine intrinsic value is there, traditionally the market has consistently undervalued cross ownership share holdings.

I guess in the same way as major holders generally trade their positions off screen at a discount??

THX still have as fair road to travel to start to get money out of the ground in their own right, but the market is not too sure of the likely margins - they will be changing dramatically, almost daily, with the international price action ATM.

As has been posted 'sentiment' is also against many quality tickers from across the board now. Signs look good that that is starting to change for the better IMO.

My personal suspicion is that the weak and nervous holders will be selling for a while so you should be able to top up further for a while yet.

Cheers

Cabe