Ann: P&G PDA and Work Plans-OBJ.AX, page-53

Shareholders constantly blame the traders for driving SP down. But from today's announcement it seems our worst own enemy is our Management! That announcement didn't need to be released. We all know PDA's been extended to 5 years. We all know Wand agreements are being executed... Why would u release this announcement and tell us what we already know? It beggars belief that they just did this! To say I'm disappointed in what they have done is a total understatement...Real amateur move in my opinion.... Long term I know we will be ok but to frustrate us like this along the way is unacceptable. I just can't believe Management made such a poor error of judgement. Glynn/Jeff investors want facts and figures on MONEY! From here on in agreements on the Wand are irrelevant if they are not attached to cash forecasts!! Plz don't lose sight of that! stop releasing meaningless announcements that send us backwards!
My biggest fear now is The open market doesn't think we are a credible Company as we repeatedly announce the same news with the same story yet we side step what's important which is the Cash projection........ When will they finally learn?