Fat Prophets has made every effort to ensure the reliability of the views and recommendations expressed in the reports published on its websites. Fat Prophets research is based upon information known to us or which was obtained from sources which we believed to be reliable and accurate at time of publication. However, like the markets, we are not perfect.
This report is prepared for general information only, and as such, the specific needs, investment objectives or financial situation of any particular user have not been taken into consideration. Individuals should therefore discuss, with their financial planner or advisor, the merits of each recommendation for their own specific circumstances and realise that not all investments will be appropriate for all subscribers.
To the extent permitted by law, Fat Prophets and its employees, agents and authorised representatives exclude all liability for any loss or damage (including indirect, special or consequential loss or damage) arising from the use of, or reliance on, any information within the report whether or not caused by any negligent act or omission. If the law prohibits the exclusion of such liability, Fat Prophets hereby limits its liability, to the extent permitted by law, to the resupply of the said information or the cost of the said resupply.
As at the date at the top of this page, Directors and/or associates of the Fat Prophets Group of Companies currently hold positions in Austal (ASB), Aurora Minerals (ARM), Billabong (BBG), Cerro Resources (CJO), Newcrest Mining (NCM), Paladin Energy (PDN), Runge (RUL), NIB Holdings (NHF), National Australia Bank (NAB), Catalpa (CAH), Datasquirt (DSQ), Oil Search (OSH) and Woodside Petroleum (WPL). These may change without notice and should not be taken as recommendations.
The above disclaimer does not apply to investments held by the Fat Prophets Australia Fund Limited ACN 111 772 359 (FPAFL).
The FPAFL Investment Portfolio is, pursuant to an agreement made between Fat Prophets Funds Management Australia Pty Ltd with Tidewater Asset Management Pty Limited, (as permitted pursuant to the management agreement that Fat Prophets Funds Management Australia Pty Ltd has with FPAFL), managed by Tidewater Asset Management Pty Limited with its own independently employed staff.
FPAFL is managed independently of management and staff which are employed by the Mint Financial Group in the preparation and electronic publication of the Fat Prophets Report. Management and staff employed by FPAFL and Tidewater Asset Management Pty Limited may however subscribe to the Fat Prophets Report and by the decisions made by management and employees of FPAFL and/or Tidewater Asset Management Pty Limited FPAFL may or may not acquire, hold and/or deal in marketable securities in a manner which is consistent with or contrary to recommendations published in the Fat Prophets Report.
Reference within the Fat Prophets Report to the "Fat Prophets Portfolio" remain as references to the hypothetical portfolio at www.fatprophets.com.au/performance and statements of performance of such hypothetical portfolio are not intended to be references to the performance of the portfolio established and maintained by FPAFL. Any enquires about FPAFL should be made direct to that company.