Pinned straw:
Thanks for the tag :D
I'm not following this one with the same level intensity to when I held, but still following nevertheless.
On the share price jump - I think the market really liked the PDL purchasing outlook and improved operating efficiency in the US.
One interesting point of note - after writing down some US PDLs in the 1H, the PDL accounting treatment was changed in 2H, extending the lifecycle from 6 to 8 years. As a result, PDL carry value on the balance rebounded to an all-time high. And this is where my main concern lies. It is certainly a very different investment to what it was just a few years ago if conservative accounting was part of the thesis.