AQD Investment Case, page-12

Rebel, when did you sell down? That's a big swing!

Just as FYI for the rest of us punters T20 last year was stable - 2 new entrants - totalling 46.7% of shares.

Meaning these guys know they are on to something good - why would you sell down!!!

See the screenshot below.

Other insights from the T20 analysis

Nineteen of the 20 held or added to their holding; the remaining T20 disposed of a mere 25K shares.

This is markedly different from the year before where 10 of the now T20 weren't in the list - so some significant change over took place.

As for me, I'm not satisfied with my holding amount - still slowly but surely chipping away accumulating. Seems like sub 0.23 is a thing of the past though

As always DYOR!