2016 Guidance Affirmed, page-232

FSW - yes I think you are right, I think most major instos got out in the spiral after the update in June last year - so less pain now hopefully, but flip side is harder for price to go up if they are not or cant buy...

I would much rather be in the ASX300 with okay numbers and enjoying having instos in the spread, as when they buy they buy, its not $20000 its more like $200000 or $500000 or more and they usually have done their homework and think they are onto a good thing.