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In the half year report it stated: "The Group is currently...

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    In the half year report it stated:
    "The Group is currently working on a strategy update document for the information of securityholders that it expects to be able to release to the ASX within the next two months."

    In theory that was for the half year from July 1 - 31 Dec as it was included inside the reporting period which would mean it should have been released no later than the end of March 2017. So it would be late already.

    In the half year commentary it stated:
    "As mentioned in the Review of Operations, the Board has been constantly reviewing the corporate strategy for the Group during the last nine months since the completion of the acquisition of CDC, in the context of how to best maximise the value of securityholders’ interests in the Group. The Board intends to complete the strategy prior to the end of the current financial year, taking into account the timing of continuing negotiations with potential business partners and publish a plan for the next two years in the life of the Group."

    The half yearly report is a higher order release than a commentary. Secondly this statement indicates to me the strategy will be completed by the end of this financial year not the strategy review as that has been going on for over 9 months now. The "Publish a plan..." comment tells me they are have an executable plan for whatever strategy they have come up which manes it should include performance management and reporting in it and you can bet your bottom dollar the revised Directors rem plan will be revised accordingly.

    Obfuscation at its best....
    Last edited by Amused observer: 06/04/17
 
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