Ann: Half Year Results Presentation, page-7

I agree with the referenced supportive comment and continue to be an optimistic holder. However, the share price is not reflecting these positive views. Apart from actually being a sell at the time of my previous comment, today it still has fallen when the remainder of the market has risen. Epeeist suggested that management is dragging its feet at Moorebank and in my humble view, I thought that the recent CEO presentation was comprehensive but a little lacking in inspiration. I like to think that the SP fall is lack of image rather than an underlying weakness.