Moving forward, page-17

Well if I stop and think about what you are saying the following thoughts occur to me

• I know that Dirks early communications reflected a solid, less effusive style
• While many of us were comfortable with it the market didn't respond particularly well and that was combined with a shift from high revenue growth lbeit higher margins that took the gloss off its revenue trajectory
• Many people were writing on hotcopper almost begging for an announcement - any announcement
• The latest announcements are more typical of what we got last year - projections etc. now that's ok but I've noticed people saying "well Dirk's done what he said so far so we can trust him"
• Fair enough - but you know even if didn't actually have control over communication last year - from that ill fated baseline document in December 2016 - he still had his name to what came out
• So for me the jury still has to be out when the figures are rubbery or generalised.

Just one other observation - institutions are most unlikely to dive in to buying straight after an AGM on the basis of what is said there. In my view what you've seen is relief buying.

Whether that is sustainable for the short term is a question for me. I agree muppet the board should not be worrying about the share price but my guess is they or at least some of them do.

Parsifal