Ann: Half Yearly Report and Accounts, page-15

I haven’t listened to the call yet (hope it’s online later). What was said?

Did they address the fall in revenue in any great detail?

I found it a little bit duplicitous in a previous quarterly announcement (think q1) where they said the fall in revenue was inline with the new operational review as previously mentioned. We were told there would be operational cuts but we weren’t expecting 1/3 of revenue to evaporate.

Also worrying the company has had $200m in funding and now generates revenue of only $36m per year.