Capitalist gelding Hedged has always shown above average ability, splitting G1 winners Joliestar and Libertad when second in the 2024 Group II ATC Arrowfield Sprint and the now five year-old claimed his first stakes win at Sandown on Boxing Day when taking out the Listed MRC Christmas Stakes (1200m).

When a half-sister by Zoustar to Golden Slipper winner Farnan sells for just $250,000 at Inglis Easter you would be entitled to wonder what was wrong with her, but it turns out lack of size does not mean lack of ability.