Ann: Share Purchase Plan, page-3

I held for quite a long period then sold at a small loss after the profit guidance a couple of weeks ago. It's more that I'm amazed at the naivety of the way they've tried to do the SPP. The stock had fallen 35% since February in a stable market, and they honestly believed they could raise money at a 3% discount to the market price? The stupidity of what they tried to do there would concern me in terms of their competence to run the business overall.

Reaper