I've kept my mouth shut as I'm not a holder and it seems I'm the...

I've kept my mouth shut as I'm not a holder and it seems I'm the chatty one here...

A few points, though;

I don't have broker data to substantiate this but every time I see a red or green against TFL and look at the course of sales, the volume is comparatively low (notwithstanding frustrated holders selling up, as you've done hardship). I'd be interested to know the net sales (+/-) over say the last six months that constitutes this apparent exodus (holders could consult the top 20 for more info).

Although TFL apparently aren't pursuing an export agenda, the domestic (local) market must be feeling the international pressures.

And in regard to transparency... the market for similar assets in other markets has proven bouyant of late; there may be an advantage to the opacity you note.

Good to read your thoughts, thanks.