0 va14e Dry pcw6e/ 2 2% - 2 0% - 1 - 16% 14% 12% - 10% 0e% 06% 04% - 02% . 2007 2Xie 2039 3)10 ant 2012 2013 2014 2015 2016 2017 —As% Mbar PE nub Secondary market pricing — stable and driven by rational participants Pricing in the Secondary market is a key factor that sellers consider whe