Same here Nick. I was initially prepared to give them some...

Same here Nick. I was initially prepared to give them some latitude, but this "insurance" stock has been an ugly performer. Dividends are not important to me, but I'm down about 15% on this stock over the last 18 months. Whilst I'm loth to sell given their discount to NTA, I have lost faith in their ability to recover. The 4c ROC was pointless. Another would be a signal to start easing out. Look forward to anything you can glean from the preso. I hope it won't consist of a another elaboration of how the model works. Mention of Geoff W. is interesting. His involvement would be just the thing to get the market a bit more interested and the SP closer to NTA, pargolf