Ann: Change in substantial holding, page-24

So if your fund manager gets you into an investment that required a $150,000 outlay and this investment now drops to $95,000-100,000 after 15-18 months and he/she tells you "let the value drop to $35,000-$40,000. Who really cares, great time to accumulate and bring the holding average down. The truth is, at some point what you are investing in will go up" ... I assume your response would be "oh terrific what an opportunity"?

This is the mindset that gets "long term" retail investors into trouble. Or should I say "long term fundamental driven" retail investors.

Personally I would love to see SVL at much higher prices as I have friends who hold this stock however stop losses are essential.

I hope SVL does not drop to the 4-5c however if Blackrock needs to offload on-market their remaining shares then this is a possibility. SVL will need funds soon as well so expect a capital raising to further dampen "buying enthusiasm" short term.