Ann: Appendix 4C Commentary, page-139

Stupid questions are the ones never asked, this one is not stupid. This is more a Grant62 question really but here is my view. If a CEO or Executive Chairman was purposely misreporting the performance of the company or presenting a scenario of doom to shareholder with the intent of acquiring shares at a discount then they would be in breach of possibly the Corporations Act and able to be pursued by ASIC if it was brought to their attention. Also if they failed in their obligations to the ASX Listing rules then it is very likely the ASX would pick it up and serve a notice to the company, the most common one is companies not complying to continuous disclosure rules but sometimes it is the periodic disclosure rules they get picked up on as well.

In the case of AHF is Peter Skene as the CEO acting and reporting in a manner to reduce the share price so he can acquire more? I don't think so but given some of the comments in the last commentary and the complete disconnect of the quarterly commentary from the quarterly cash flow statement and lack of clarification of some items in the cash-flow statement one would have to wonder given the latest increase in volumes and drop in share price.