Annual report is simply a regurgitation of what we have heard before. One thing to note is the date of the AGM (28th Nov). I would suggest that the boys will need to produce some fairly meaningful announcements in the next 4 weeks to avoid some fairly uncomfortable questioning from the shareholders especially in light of the fact that there was a lot of rhetoric at the EGM which has not come to pass. Realistically I think that the company will hold off their announcements until closer to the AGM to maximise impact and get through any of their income related resolutions.
Will be relying on some of you Sydney lads / ladies for the lowdown at the meeting. Won't be able to get there this time round.
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