Ann: Brazil - Year in Review, page-7

I think what you are seeing is that all the money is tied up with all the brokers clients already I.e pockets are full, the float is empty. It would take a new party to enter the field for the value to be realised. This will no doubt happen when the business risk hasn’t dropped significantly.

Come BFS you will see a tug of war between those that see the value and those that knew the value was there.

It will rise no doubt, but to the extent is the question.

Enjoy the rewards when it comes this one has been a long journey.