Ann: Quarterly Report and Appendix 5B, page-24

Hi 618

I'm not sure a lot of investors would agree with the statement markets don't value based on past events. The poor management has left a sour taste in far too many institution and retail investors mouths. The directors are culpable, most investors on this thread would do a better job running the business IMO, I cannot get over how poor this lot are. I hold a largish amount of the stock and will exit at some point. I made the wrong decision with my investment here. I think we all agree its undervalued however the company had something to celebrate and build upon. Up to now that opportunity has been squandered and the trend does not look like shifting too much (pigs with their noses in the trough too). investors now talk about 24 cents being a good result, not long ago the talk was 60 cents. I once thought 60 cents was a real possibility, now I am uncertain where it finishes.
For obvious reason and when all is said and done I genuinely hope you are correct. Lets hope the market is in fact that forgiving. GLTAH