Ann: 3rd Quarter Trading Update, page-20

I’ll be looking forward to reading some analysis on what went on here - if you come across anything do you mind flagging it to me?
Pat Valerie was a really appealing store, the one that I used to frequent (on behalf of my wife of course...) seemed to be buzzing along very well (although that was a few years ago).
Fortunately it’s a v cheap lesson for me (free) in terms of diversification. I’d looked over a couple of annual reports and certainly hadn’t noticed anything untoward (although as a rank amateur I think this one was a lot more discreet than a dick Smith collapse) - the valuation saved me too. Although as they say, having an emotional connection to an outcome helps focus the mind and I bet you’ll remember it for longer than I.