NO. My thought is that the Board and Management Team have lost all credibility given the circumstance of the 2014 Report and then the downgrade subsequent announcement.
The recently revised dividend policy and the generous payouts to shareholders and senior executives on the basis of the 2014 "profit"result could be seen as a blatant device for manipulation of the share price which afforded an opportunity for these people to divest holdings at the top of the market prior to dropping the downgrade for 2015 which was already known to management much earlier.
Time for ASIC to get involved!
WDS Price at posting:
26.5¢ Sentiment: Hold Disclosure: Held
