I'm out. That statement was rambling and at times verging on...

I'm out. That statement was rambling and at times verging on incoherent and illogical.

The logic of the announcement is nuts: They can still make full year guidance... because thats the ratio of halves in the past. But at the same time they have massively missed the first half - then the original guidance must have been out. Or... they will massively miss the full year. The second is more likely.

It was short detail and long "hope". Franky embarrassing. The messed up half, plus the poor explanation plus the accounting treatment issue... I'm out. I've put the funds across the CCP. 

We will find out in 6 months of I was right or not.