Ann: Change of Director's Interest Notice, page-12

No point in looking for any announcements. There have been no updates to AHF's website since 27/10/17, with the last 8 announcements made to the ASX not yet published on the website. This includes the results of the AGM and at least 2 price sensitive announcements.

Equally, in an unusual departure from the past, no commentary has been released in support of the quarterly CF update.

No guidance, no disclosure, no share comms to speak of, no replacement webinar or uploaded wedinair, now virtually 2 weeks on. Effectively, no governance to speak of and no willingness to engage effectively with shareholders.

Indeed, right now, unless you go through ASX or announcements supported by an online broker(etc), shareholders (if they want to know what is going on) have effectively been mushroomed. Many of these, as either retail or MnD shareholders simply would not know any better without spending significant time and effort in order to find things.

As for salaries, the CF shows this, as follows:
---
Q1/16 - $208k (F only)
Q2/16 - $280k F
Q3/16 - $306k F
Q4/16 - $884k F + 10w CDC (circa $560k CDC or $730k if normalised quarterly, if assuming $324k for F/farms.
Q4/16 - if normalised = $1.054m

----
F17 - all F + C
Q1/17 - $1.084m
Q2/17 - $1.105m
Q3/17 - $1.065m
Q4/17 - $1.041m

-----
F18 - all F + C
Q1/18 - $902k

-----
If the farms are still at $300k, this puts CDC at $600k, in circumstances where 12 months ago, CDC was at $800k+.

This suggests an annualised CDC reduction of at least $800k per annum which would then put average plant numbers at -10 / -15, based on average salaries /wages. If so, then that would be a big reduction. However, even if at only 10, then that would still suggest a 20-25% reduction in YOY CDC staffing numbers. That's just working through the numbers.