Ann: Change in substantial holding from IFL, page-3

Unfortunately the combination of crappy optics and timing of Tom and Liddy’s sell down, average (not bad, but average) results against overly exuberant broker forecasts, and a hot market running out of steam have massively whacked this one.

Instos and whales alike have had to swallow a sh!t sandwich, and most don’t enjoy the taste.

I agree it looks very cheap here, but hard to buy when it keeps whacking support levels out.

I’ve been pragmatic and have sold a few tranches as it has broken support on the way down, but hope to buy those parcels back when I can see some evidence of the chart turning around. Still hold a large parcel.

It US gaming laws get through this is a screaming buy under $1.50.