Ann: Appendix 3Z - Garry Dinnie, page-10

Whatever the management is doing or not doing at the moment doesn't seem to fit the times. Hence, the prolonged and contiuous down trend. What's making it worse is there's been no announcement from the management to the market as to what they are doing to stop this sp down hill marathon. This was once a darling of the market with strong balance sheet and reliable prduct the market liked. It's all gone up in smoke now.I was a long term holder of this stock but I'm glad I offloaded all my holdings; the last block on 9 June for $2.04. Quite tempting to get in at these prices but would seem like groping your way in the dark. If the management inform the market what they are on about, which they should, decision making for the current holders will become easier. But that doesn't seem the IRI management style, does it? I sympathise with the disappointed mom and dad long time holders and wish them all good luck.