Of course.
The current price will be a prop IMO in what will be a futile short attempt to counter the inevitable. The inevitable is another decade of continuous share price erosion.
Even the tone of the ASX announcements have reverted to the old junk. The title is Recent Developments, hoping that the development, being their inability to hang on to their CEO, will be missed.
And the other news is not even about PPY, it is about how the company seems to need to continue proping up their joint venture partner. Is that a disaster too? For a moment it seemed like AB had a handle on the Egypt thing.
So there was not even a good story about PPY to put in there.
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Ann: Managing Director Statement to Shareholders, page-20
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