iwi late in reporting investment manager

iwi not reported results for 6 months to 31 dec yet

expecting announcement of the resignation or sacking of the investment manager who in the period of 32 months since his appointment in july 2005 has seen the iwi share price drop from the $2.68 redemption price to current $1.15 & the iwi nta drop from est. $3.10 in july 2005 to est. $1.60 if the values of the investments by the fund in unlisted entities associated with people close to the management are believed.

any other views on promised restructure?