Thanks, Monica. Good morning all. As you know, Whitefield Income listed on ASX seven months ago. Prior to that, it did operate in the unlisted fund for four years. We've got nearly five years full track record on the actual strategy. Just to reiterate on some of the key elements that sit behind the Whitefield Industrials strategy, the key characteristics are that the strategy seeks to provide investors with a differentiated way to generate total return and outperformance from an equity investment. It systematically and actively invests in ASX 300 equities over the most productive window in their income generation and dividend payment cycles. It benefits by taking advantage of the statistically faster patterns of income recognition into share prices that occur late in each six-monthly earning period as income certainty increases and dividend payments come into focus. It also benefits from quality through the rotation of the portfolio towards profitable, dividend-paying, cash-flow-positive companies in the economic conditions as they change from time to time. Of course, it is a strategy that's about income. We generate most of the return in Whitefield Industrials through distributions and dividends, and then we look to pay those to investors through regular monthly franked dividends ourselves. How has Whitefield Industrials performed over these first seven months of operation? It's definitely been a successful seven-month period since listing. The company has delivered particularly well on its three key objectives, which are the delivery of regular monthly dividends, which we commenced in April as anticipated. The company's also delivered a level of outperformance, and it's delivered a positive total return as well. We'll now look at each of those components in a bit more detail. Firstly, if we think about earnings, earnings for the first seven months of operation, as you can see on screen there, were $7.9 million in terms of net profit after tax. That translates through to earnings per share of $4.9. Importantly, as the graph shows, and that graph is showing in the red section, that's the seven months of operation in the listed form, and that's showing monthly income. Over the rest of the chart, that shows the other four years of operation in the unlisted fund. What you can see is the patterns of income that we've received are very consistent with what we'd seen in the prior four years of strategy operation. This just tells us that the strategy is operating exactly the way we want it to. In terms of dividends out to investors, we indicated in the prospectus that we were going to commence regular monthly dividend payments after one full quarter of the fund's operation. That full quarter allowed us to generate income, declare, recognize the income as profit, and then pay this out to, or declare dividends for investors. We commenced those dividend payments in April and have paid monthly dividends since that time and will continue to do that. The dividends are paid at the rate we anticipated in the prospectus, which is an amount that equates to 8% inclusive of franking credits compared to the IPO price of $1.25. On that particular chart there, you can see the dividends progressively being paid. That's an accumulation of dividends in terms of the bars, and the line is just showing our accumulated profit buildup over that same seven-month period. Turning to the next chart, we're looking at asset backing movements, and you can see that asset backing started at the $1.25 IPO price back in December and has grown to $1.26 at the year-end. If you look forward to the net asset backing at July, it had actually grown to $1.30 at that point. You can see how the moving parts operate beneath the company there. We're earning a level of income through distributions and dividends on our investments across the year. We're paying a small level of tax on the way through and paying operating expenses, and then we're paying out the residual net profit to investors as dividends. It's the combination of all those movements that leads to the movement overall in the net asset backing after tax. Now, importantly, on the next slide, we're going to look at how these outcomes translate into investment performance measured on a percentage basis. I'll just hand over to Will to talk about that. Thanks, Angus. Will, just before you do that, I just wanted to mention, I forgot to do it in the intro, that if people have questions as you're going along, there's a right-hand panel where you can place your questions, and we'll do our best to answer them at the end. Okay. Over to you, Will. Thanks. Yeah, so we've provided, on the returns there, we've provided a few different time periods. Firstly, that seven months is the period since the IPO in December, and then we've provided the one, the three, and we've called the 4+ year periods there, which include the performance of that, of the strategy in that unlisted fund format prior to the IPO. That 4+ years is the full since inception period of the strategy. All these figures are inclusive of franking as well. Firstly, on gross income since the IPO, 6.5% and 11.4% on the rolling year, which is consistent with the full period since inception of the strategy. Total return inclusive or after expenses, sorry, for the year was 18.8%, and that was a little bit more than 7% above the benchmark, which is the ASX 300 Equal Weight Index. Over that seven-month period, the portfolio on that basis was 1.7% ahead of benchmark, coming in at 3.2%. If we look from a shareholder's perspective, a total return on a share price basis since the IPO seven months ago, that was just shy of 10%. Pretty solid outcomes. We can see on the next slide, if we just click over, thanks, Angus, of the top 15 holdings, individual stock holdings, and also the sectoral exposures. The one point I'd make here is that this strategy very actively rotates its capital around the market to wherever the companies are situated in those attractive parts of their income recognition cycle. That's why at this particular point in time, we had a large exposure to real estate investment trusts, many of which have dividend ex-dates at the end of June. At other times of the year, we'd have much lesser exposure to those companies, and that's just the way the strategy actively rotates. We can see that represented more clearly on the next slide. This one here just shows us at the end of each month, going right back the full four plus years since we incepted the strategy, what those exposures are to the different sectors. You can see sort of two elements of rotation happening here. Firstly, within a typical year, the way the strategy will actively rotate to the sectors where dividends are being paid at that time of year. That's a pattern that repeats each year. We can also see across years how the amount of exposure to that sector might be different from one year to the next. That's reflective of how the strategy will also rotate to wherever across the market those opportunities are the largest. That's dependent on economic conditions and financial conditions, how that evolves over time. There are two sort of features of how actively the strategy rotates to maximize opportunities. Angus? Thanks, Will. On the next slide, of interest to investors is just how the share price of Whitefield Income has been tracking relative to the underlying asset backing. Just on that chart, the blue bars reflect the share price, and you can see that's moved in somewhat in line with market conditions. The line on that chart shows the premium to asset backing. You can see that up to the period, or through to June there, Whitefield Income was trading at a steadily increasing premium to its asset backing. That just tells us that there's very good interest for this strategy in the market amongst investors. It possibly reflects some increasing confidence in the dividend profile of the stock itself since we've started those regular dividend payments in April. Now moving just briefly onto Whitefield Industrials, which just also completed its first quarter at 30th of June, and it released results to market yesterday. It also had very strong outright returns and solid outperformance over this period. Within that one quarter, the underlying portfolio generated a 12% return, which is a strong return in one quarter alone, and that reflects the market conditions at the time. It's actually generated a 20% one-year return. If we're looking at a one-year period there, it's outperformed its benchmark by 1.2% over that 12-month period. A particularly strong period there in terms of overall returns. In terms of income, it's just the first quarter of the year, and there's sometimes some elements of volatility that you get looking at just one quarter in isolation. There are a few mixed elements there in terms of the income for the period. We were comfortable to see, or we were pleased to see, dividend increases or dividends being maintained or increased from roughly 80% of the dividend payers in that particular quarter. The actual overall dollar value of income in Whitefield Industrials did fall slightly from the previous year. The reasons behind that, though, were a couple of isolated items. There was just the non-repeat of a Westpac special dividend in that period. There were also some timing adjustments relating to Premier Investments, who had paid a dividend, a demerge dividend in the previous quarter, and then not paid its usual dividend in the June quarter. Those things will kind of come out of the wash. Once we get to the half year for Whitefield Industrials in September, we'll probably get a clearer picture on the pattern of income, which hopefully will be a bit stronger than in that first quarter in isolation. Regardless of those income levels, though, we're expecting at this stage to maintain Whitefield Industrials' dividend for the half year, which is paid in December, at least at the $10.5 per share rate that we paid last half. We'll provide confirmation of that once we clear that half year in September. In terms of a couple of other items that are on the radar screen for us in terms of strategy and the outlook for markets, I'm just going to hand back to Will. Thanks, Angus. Yeah, looking at what's happening in the market currently, moving beyond the end of that year, we're faced with all the chaos from Trump 2.0. We think that under the surface, what's happening is his agenda is acting to accelerate an underlying or pre-existing trend towards interventionism and away from some of the global drivers of disinflation that were experienced over recent decades. Understandably, many investors are worried about the detrimental impacts this might have on economic growth and equity returns. There are obviously some immediate-term risks around the speed of implementation. If we look across the last 100 years at extended periods of both high intervention and low intervention, the outcomes on economic growth and equity returns don't appear to support those concerns. If we look across nearly 200 years at periods of rising global tariffs, equity returns were not lower over those periods than at other times either. While a lot of the things that are occurring might seem alarming, they may not be necessarily all that bad for markets. There may actually be some positives for Australia in particular from some of the elements of Trump's agenda. Australia is facing some of the lowest tariff rates of any country around the world, and that might make it easier or might open up new opportunities for Australian companies to export into the U.S. We also still are a country with some of the lowest tariff rates of our own, which might make it more profitable for foreign companies to sell goods into Australia than to the U.S. That might help to ease tightness of supply of goods and cost pressures for companies and households as well. We'd expect that declines in attitudes towards the United States around the world might improve Australia's ability to source skilled workers, innovators, and future leaders, which over time you might expect to stimulate growth in our own population, productivity, and affluence. It could be quite favorable. Drilling down a little bit further, we're seeing an emerging opportunity in small-cap equities, and that's quite important for both Whitefield Income and Whitefield Industrials. Whitefield Income, because it has a non-market capitalization-weighted strategy, inherently takes larger exposure to smaller companies anyway, and we can take larger exposure again if we see good opportunities. Also on Whitefield Industrials, we are actually seeing greater emphasis being given to those smaller companies in the overweight positions versus benchmarks. If we think about where this opportunity stems from, it really is as we're moving out of that period between 2021- 2024, when smaller companies faced a number of quite significant headwinds that were affecting them more heavily than larger companies. Things like a succession of supply chain disruptions made it difficult to source goods and labor, which progressively got worse over that time. You also had the Chinese struggling with excess capacity and oversupply, and those issues really intensifying over that period. Again, having a bigger adverse impact on smaller companies, either in the mining space or even servicing that sector of the economy and other related areas. There was also this big tailwind for larger-cap companies from passive inflows into equities, having a disproportionately large positive impact on their share prices. You could see how the performance between large and small varied over that period. Importantly, towards the end, we're seeing some of those dynamics slow or even reverse, which is also reflected at the end of that chart there with those smaller-cap companies starting to perform at least as well as the larger-cap. On the next slide, what we're seeing is some elements of Trump 2.0 are actually adding to this momentum for smaller-cap companies. Some of those challenges that they were facing previously are getting less bad because of some of those policies. Thinking about the access to goods and labor, which I mentioned a moment ago, some of these policies are actually assisting Australia with elements of that. You've got foreign governments and our own government investing in producers of important commodities, many of which are listed in Australia and had been heavily beaten up under those Chinese issues previously. The uncertainty in the soft U.S. dollar is adding to gold prices and helping gold miner earnings and mining service companies' earnings. A number of these things are starting to come together to provide pretty solid support for these smaller companies in particular versus larger. We're seeing that as not a bad backdrop for both Whitefield Industrials and Whitefield Income. All right, thanks, Will. That actually brings us to the end of our prepared presentation. We're certainly happy to answer questions, and I can see that there are some questions there. Monica, do you want to show any of those questions to us, and we'll try and address them? Okay, sounds good. One of the first ones that came in was around, are you intending on reserving so that periods of lower distributions and returns you can maintain a level of distributions to shareholders? Yeah, okay. Whitefield Income itself generates pretty consistent income in most economic conditions based on our experience so far over the nearly five years, but also our backtesting. That is because it keeps altering its portfolio. It's moving to where that income's being generated in the economy regardless of the conditions. For example, back in the COVID years of 2021, where income across the market generally fell, Whitefield Income's income was actually still very strong. It's just quite a nice characteristic of that portfolio. Nevertheless, we're building up a small buffer of earnings there, which just assists us in maintaining the smooth dividends across a year. I think it's worth thinking. We might periodically have to make variations to the Whitefield Income dividends, either through top-up dividends if we've got excesses of profit. Occasionally, if it's not inconceivable, we might have adverse conditions at some point, in which case we might have to make minor adjustments. We're not anticipating anything particularly material at this time, certainly not in the foreseeable future. Okay, following up on that one, what do you see as a catalyst for an increase in the dividends? Okay, given that we're paying out in Whitefield Income a very reasonably robust base level of dividend, it just depends on our accumulation of outcomes over time. What we can see there is we're paying slightly less than the amount we're earning. We think we'd be able to do top-ups periodically, but we'd like to, for that reason of just being able to keep the dividend reasonably smooth, having a little bit of a buffer is sensible. The other place where we think we'd be able to pay top-up dividends is we can't predict the entire return of the market. We know for equity markets, there will be good years, medium years, and slightly poorer years. It's when you get a sequence of the stronger years running together, that's when we're most likely to have a real surfeit of excess profits. If they're sustainable to that extent, we'll be looking to distribute those out to investors in addition. Otherwise, it's accumulated within the asset backing. One way or the other, investors get the benefit of any kind of the full value of the total return we generate. Is there any plan to offer a share purchase plan or placement to increase the size and increase liquidity, or are you limited by ASX listing rules in the first 12 months? Okay, so the company size is currently $200 million. We've indicated based on the size of the market at the IPO, Australian market at the IPO time, we thought the company could potentially grow to around $400 million and maintain its nimbleness, which just assists in generating very good returns. I think we do have capacity to grow there. I think if there's demand from investors out in the marketplace, which there seems to be, we would bring some more shares to market and try and satisfy that demand. I think that's possible. There are some times of the year that are better than others. We don't want to dilute income or return for our existing investors. We'll try and, if we're going to bring some more capital to market, we try and pick the most opportune time so that it maintains good returns for both existing investors as well as incoming investors. Okay, the next one here is, are you able to use the Whitefield Income strategy at times to enhance the performance of Whitefield Industrials? The Whitefield Income strategy is active and it's very much about doing it continuously across 12 months. The two strategies are inherently different. There are some elements, though, of commonality. Our basic assessments of the quality and outlook for different stocks apply in both accounts. There is an element there that stretches between the two. Okay, the next one here, someone's saying they're really loving WHI. In fact, just added more units yesterday. Given generally markets are doing well at the present, what mechanisms can be employed to protect dividend levels should markets turn bear? Yeah, I'd certainly point to that item I highlighted before, which is that the strategy actually will keep generating its operating profit at a very consistent level regardless of economic conditions, or in most economic conditions. I can't rule out that some conditions will be more adverse than others, but it's done pretty well on that and did well through the COVID era when the other income streams were cut. I just note we pay our own dividends out of our operating profit, and our operating profit is made up of the dividends and distributions that we're earning all the time. We're likely to have the capacity to keep paying those distributions in most circumstances. Okay. Sorry, just going back to that. Underneath the surface, if you like, our capital value of investments can be bouncing around, but so long as we're owning and continue to own businesses, those businesses themselves will be spinning off our income for us. Okay, just a quick one here around the presentation, whether it will be available afterwards. Yeah, certainly we can make the actual slide deck available to people, and that's released to the ASX. There's also not a recording of this session just because it'll be, gets a bit too elongated once we include questions, but we've got a video-based presentation on the results, which is also being released shortly over the next day or so, and that will be available to all investors. Okay, the next one is, do you expect a time will come that passive inflows into equities and their possible distortion of share prices will provide an advantage to LICs such as Whitefield? If yes, how far off would that be? I think the passive inflow, so this is money coming in through index-based ETFs and things which typically have tended to drive up prices and valuations of larger cap stocks versus smaller mid ones. Those kinds of distortions happen, and what I'd suggest is there are typically periodic points where events will occur that shake these things out. Some of the things that Will's talking about, where we're seeing small and mid caps doing better than some of the large caps, is an example of that. That's occurring not really because of overarching market conditions as much as just the fact that opportunities, once the valuations differ between large and small caps, you know, opportunities for better performance start to emerge down in that cheaper space. That is a feature. It's going to be an ongoing feature of the market, but I guess we're finding it throws up opportunities. It's important to, I guess, you don't want to pinion yourself to one or the other, either avoiding large caps or just ignoring the distortions that it creates. I think both the Whitefield Income and Industrials strategies are ones that both benefit as some of those distortions occur, but they can also benefit from the opportunities that get thrown up on the way through. Okay, next question here is, can you talk to the concentration of CBA in WHF and how that concentration risk is being? Will might talk to specifics about CBA, but just in terms of the structural thing, because we run Whitefield Industrials, we carefully control our variation from index. We have a lot of active, when we say active positions, we mean overweights or underweights relative to index. We carefully control those so that we can achieve our primary objective there of delivering the potential for our performance, which we've achieved, with a very low risk of underperformance. That's pretty important for investors over the long run. We've done well on that basis, that is because we control those variations. CBA is a big part of the ASX 200 index. It does form a reasonable part of that Whitefield Industrials portfolio. That also reflects, there's an economic piece of economic thinking behind why we use that structure. It's giving investors a portfolio that has proportions of stocks in it that represent the importance of those stocks in the Australian economy. Banks in the Australian economy make up a big part because they're providing services to all Australians and they're lending money to Australian people and Australian businesses. Over time, that gives us the benefits of broad Australian economic growth, which has typically been pretty good. Just in terms of the fortunes of CBA and the outlook there, do you want to, you've got a couple of points you could make there, Will? Yeah, obviously we like the nature of the Australian economy generally, but at the moment, it's been pretty good conditions for a number of years for the banks generally anyway. CBA being the leading bank in our market, it's operationally been very, very strong as well. It has actually benefited in terms of its share price from the dynamic of those passive flows coming in and pushing up the larger cap share prices. It's not a complete distortion with no other underlying fundamental reason. It's actually been a really strong performer operationally, as I said. The fundamentals still look very, very good. Its valuation compared to other stocks in the market and other banks, while it looks in outright terms to be high, is actually not ranking as highly as it might appear to on a share price basis when we do a more sort of rigorous analysis. That's what our strategy is doing all the time. It's constantly weighing up and ranking and determining where the best opportunities are and aren't. Just more recently, it has moved to a slightly underweight position in the portfolio. It's still a large holding because, as Angus has said, it's got a very big index weight in our benchmark index. We are holding a smaller weight in the portfolio than that full benchmark weight. That's having run it as an overweight, a larger exposure for quite a while until around about two months ago, I think. It's a moving feast, but if it continues to consolidate for a bit from here, I'm sure given the qualities of the underlying business, it'll probably start featuring as a bigger holding again. Okay, there's another question here around SPPs for Whitefield, but we already covered that one. The slide showing the gap between large and small to mid-cap was interesting. How much capacity, ability, inclination does WHF have to capitalize on this? Yeah, it's, I guess we're analyzing stocks from the bottom up. We're continuously monitoring and assessing, ranking and rating all the stocks in our potential universe for Whitefield Industrials. Based on that assessment process, it tells us where we believe the best opportunities are in terms of return generation. What we can see at the moment, and part of it is the relative valuation differences, is that those small and mid-caps are coming up and featuring more prominently for us. We're emphasizing those at the present right across that Whitefield Industrials portfolio. Okay, thanks for that. Another one around increasing the size of WHI, which we've covered, starting to be a bit of a theme. WHI investment strategy is clear. How would you currently describe the Whitefield Industrials investment strategy, and is it evolving? Our overarching strategy objectives in Industrials are very consistent. We're continuing, we're monitoring the whole potential market of investments. We're ranking, rating, and assessing all those stocks based on how they balance up between their earnings, their likely future earnings, the risks that go with that, the valuation, whether those earnings are going to deliver us a good return, and how that return compares to all the other stocks and opportunities in the market. That's a really structured process that goes on in the background. A lot of the infrastructure that we use to assess those stocks is the same infrastructure in Industrials as it is for Income. It's a structured process that goes on day to day, week to week, month to month. That doesn't change, but we are always enhancing and improving our capabilities in doing that. In the background, we use a predominantly quantitative infrastructure, which means we ingest a lot of data quickly and electronically. It's a very efficient, reliable way for us to get data in, assess it, and make very structured, considered, consistent decisions. We think it's a great process, and we think that those are the levels of outperformance that are coming through in Whitefield Industrials, where there's outperformance over a quarter, a year, three years, seven years, and 40 years. It's a really strong set of metrics, and the fact that we've been able to deliver that outperformance with very low levels, low risks of underperformance is also the other side of that coin. This next one is a bit of a takeaway for us, I think. It says, "I'm a new Gen Z investor, discovered Whitefield Industrials via Sharesies micro investing platform. Will you introduce Whitefield Income to Sharesies? I think that's one for you and the distribution team, Monica. I think I might need to pick that one up, jot that down. One about implementing a DRP, dividend reinvestment plan. I assume that's for Whitefield Industrials. Income, yeah. Look, that's an important point. We purposefully haven't done that in Whitefield. I recognize there's kind of some administrative benefits for shareholders through the convenience of a dividend reinvestment plan. With that strategy, it's about paying out the income to investors. If people want to reinvest, they really need to do that by periodically investing back on market. I think that's the way it will operate at its best in Whitefield Income. We don't, we're not planning to put in place a dividend reinvestment plan there. Okay, this next one is about comparing Whitefield Income to other income stocks out there. How do you see Whitefield Income as different from the likes of PL8, WMX, and EIGA, or other monthly paying income stocks? Okay, it's really important to recognize. Whitefield Industrials, as you're all well aware, it's an Australian share investment, and we're using this rotation strategy in the background that produces the high level of franked income out to investors. That's a particular strategy. A lot of these newer products that have come out over the last year, which are income strategies, but it's worth appreciating that a lot of them have very different assets and very different strategies in the background. Some of them are interest-bearing strategies. Some of them have exposure to interest-bearing assets and various other bits and pieces. There's private credit and property and other types of things in the background of those strategies. I think people need to differentiate between what are the underlying assets that you're invested in, as well as recognizing, even if the strategies are ultimately delivering income. I think you need to be comfortable with both what you're investing in underneath the surface, as well as what you're getting income. In terms of differentiation, though, between some of the Australian share-based or equity income type strategies, we do it differently to others. The closest is definitely Plato. They use a rotation type strategy, which is similar to ours. Again, we do it a bit differently. We're different to Plato in that we're not market cap weighted. That lets us move more freely right over the whole ASX 300 spectrum, and it allows us to give a bit more weight to our small and mid-cap stocks. We invest in both franked and unfranked dividend payers. Plato focuses on the franked dividend payers. Their ASX, what's their benchmark? Their benchmark's ASX 200, but they're heavily skewed by virtue of being market cap weighted to that large end, whereas we're going right down to the full ASX 300 if that's where the opposite is. We've got different benchmarks there. Also, because we're planning to keep this Whitefield Income fund to a maximum or size relative to the Australian market that at the moment might be $400 million, it's just going to be a more nimble strategy, able to move around through smaller and mid-cap stocks more easily than the size of Plato is at the moment. I think in terms of some of those other equity income strategies, we're not chasing high yield; some others are. We're chasing, we're rotation-based. We're not just chasing particular sectors. We're much more agnostic to those things, and we're really about the structure of this targeting of all companies across our key periods in their earning cycle. Okay, next one here is, what do you think is driving the discount in Whitefield Industrials? All right, it's worth, it's just, look, at the end of the day, if you have slightly more sellers than buyers of a particular strategy or asset class at a time, things will trade at a discount. Australian share strategies in Australia, in the U.K., and in the U.S. in closed-end vehicles such as Whitefield Industrials, they're all at discounts, they're all at about the same discount. We're no different to Argo or Epic particularly, we're not different. The average discount in the U.K. is 14% on diversified share funds. At the moment, where there are more buyers than sellers is in income-based strategies, and income-based strategies globally are trading at premiums. It's very much a global phenomenon, and it's cyclical, it comes and goes. The discounts open up, create opportunities for interested buyers and long-term investors, but there are other periods of time where those discounts narrow up. If we look back through history, some of the periods where diversified share funds will tend to trade much more tightly or even trade to premiums, it's typically when there's either a really good opportunity for the particular share class, you know, Australian shares, where the outlook looks like there's going to be a lot of growth or a lot of income. I guess when things are kind of cheap, but there's really good opportunities out there, investors come piling into Australian equities, and they come piling into funds like Whitefield Industrials. That's one scenario. The other one, interestingly, is almost the opposite. When conditions are dicey, the security and the consistency of income that listed investment companies can provide is often viewed very attractively. The stocks have also done well relative to asset backing in those periods. Just remember, it's an ebb and flow thing. What changes it? Market conditions. What also changes it? Whether a strategy is doing well or not. Whitefield Industrials is producing really good performance and good outperformance. The market conditions we can't particularly control. Interestingly, the other thing that resolves it in a way is discounts themselves. They attract more investors, and eventually people go, "Hey, there's a lot of extra value here. I can buy the market for 10% less than it's currently priced at." They look at that opportunity and get attracted towards it. Okay, next one here is more of a statement. Both funds are key parts of my portfolio. Keep up the good work. Thank you, team. Given you have, next question, given you have reduced CBA significantly, is that likely to contribute to dividend capital gains tax deductions going forward? We've still got a reasonably strong weighting there. We're slightly underweight, but it won't have a, yeah. They're not a huge yield these days. Yeah, I guess because they are more priced up, it's not a huge yield. There are plenty of other reasonable yields elsewhere in the marketplace. Okay, someone letting us know that our presentations have been released to ASX. Thanks for that. We might be getting too close to the end of the questions there. Okay. There is one more here, actually. Angus, how long will the current team, including Angus, remain unchanged? Okay, look, that's a good point. I think in our presentation three months ago, someone raised the question of succession. First, I'd say we don't have any intent to go anywhere in the near term. Things are probably going to be very stable. We're a growing business, and we're steadily deepening our operations and our team across all kinds of dimensions. Just that added depth over time is giving us lots of strengthening of the overall team, which means we're less dependent on any individuals and much more of a team. There's a good reason why Whitefield is called Whitefield. It's got nothing to do with any of our individual names. That's because, you know, we like the fact that we're a business that is not about any one individual. We're about a good structure. I think that's possibly one of the reasons why Whitefield Industrials has been around for 100 years. It's transcended people, individuals. Okay, one more here. It says, "Sorry, I was late. What was the answer to the question about a share purchase plan for Whitefield Industrials?" If you cover that one again. Yeah, if we've got lots of demand from investors, we've indicated that the size of the company could be, where it's currently $200 million, it could be up to $400 million relative to the Australian market at the present time. We've got capacity to issue more shares if there's good demand from investors. We'll try and assess that over upcoming months. Okay, someone asking about the origin of the Whitefield name. Yeah, it's the founder of the company, Alfred S. White. The White comes from his name, and his wife's surname was, or maiden name was, Field. The Whitefield was that. As you all know, if you have your own private companies or trusts or things, the hardest thing you ever have to do is come up with the name of it. There's a bit more background. I think we've got a story on the website somewhere about the background to the 100 years as well, if people are interested. I think that's close to, someone's asking about moving WHF to monthly dividends. Yeah, look, we've had that suggestion from a few people. People think that the monthly dividend, I guess the monthly payment, the frequency of payment, could be a contributor to stocks trading at a premium. I don't think it is. Over the years, people have changed the frequency of dividends in different entities. That hasn't been a determinant of the trading level of the stock to asset backing. I think it's just a coincidence at the moment that the income-based funds or funds that are focused on income are typically paying monthly dividends. The reason they're trading at premiums at the moment is just that the income strategies, things that can give high yield on a consistent basis, are in demand just because interest rates are sub 4%. Okay, sounds good. That covers most of those questions. Otherwise, there were some that were quite similar that you'd already answered. Okay. Happy to wrap it up at that. Sounds good, Monica. Okay, thanks everyone for coming along. Thanks for all those excellent questions and engagement. We'll look to report again in around three months' time in a similar format. Thanks everyone. Have a lovely afternoon. Thank you.