Yes perhaps Warrigals. I like, and own, the company also. But what I see happening is that the market is becoming a little schizophrenic. Quality businesses are being bid upward as people seek safety, and anything with a whiff of risk is being shunned. This is now probably being exacerbated by the interest rate cut.
When the herd all seeks safety in the same place, that safety is eventually priced out, and it may start being a safer proposition to look at riskier assets...