LOL that was a pretty poor attempt at a deramp. All those poor...

LOL that was a pretty poor attempt at a deramp. All those poor results we've seen, yeah right... all those poor results that lead to the oversubscribed II raise they were selling around?

Contango were in at 2.9c. They were doing good portfolio management and controlling their position size relative to others in the pf. The recent rise will have made them review that. Don't forget that a fund has rules regarding trimming of positions, and also needs to bank profits so it can report that to its shareholders as a success. Personally, I'm happy to stay put until JH and JVR call it a day. They've delivered for me so far.