Ann: Appointment of Managing Director, page-23

Glad you agree. Seemingly with each market sensitive announcement which should be supportive of the share price, we go backwards. I'm wondering if management who oversee the communications side of things are fully cogniscent of market perceptions. I fear not. As we both concur, why announce an appointment and straight away highlight the guy has done 4 CR's. How utterly bizarre ( and needlessly damaging to the share price). I have never seen an announcement in my 30 years investing/trading where the first thing you do is announce an appointee at MD level and in the same breath announce he has done "x" number of CR's. WTF!. Totally undermined the SP today. All its achieved is taking us down to the next SP level. SPP placement holders must be seething mad today. Jesus, it was only concluded a short while ago and the SP has tanked well under it. I know it can happen, but its rare. I put this totally at the feet of poor communication skills of present management. Lets hope the new guy is an improvement in communications