Anthony Macdonald

I mean, that was a full room.

JB Hi-Fi, West Farmers, like I said, the big end of town.

The smaller end of town, I mean, Breville had a full room, always does.

It's just such an interesting business.

You've got the parts, the coffee machines and parts and everything made in Asia, sold in the U.S.,

It's really at that heart of that China versus U.S.

trade sort of story, but it just happens to be listed here in Australia.

Sharon AI, the new Neocloud, wants to come to the AIX.

We haven't written much about it, but it's like a firmus.

It was packed to the rafters.

The energy companies, a lot more interest in them than usual, just given the energy shock that's going on, which is understandable.

And I'd say the real estate firms, your Dexys, Chatham Hall, Stockland, I reckon their rooms were quieter than they have been in the past few years.

It's just not the time for them.

Rates going up is not normally good for them.

Apparently, I mean, the bosses of those companies say, no, no, that's not true.

We had heaps of one-on-one meetings.

Investors are interested.

But just from what I saw on the floor, there seemed to be less.

No, very good.

But James, like the whole conference, there's lots of talk about who's winning, who isn't, whether there's been a change in the guard in Australian equity markets.