Ann: Investor presentation - market update and equity raising, page-28

https://hotcopper.com.au/posts/40007881/single
https://hotcopper.com.au/posts/37252672/single
https://hotcopper.com.au/posts/40004244/single

Was any of this predictable many months ago? Above posts covers many points covered in the AFR today (Frank finally admitted they’ve caused the price issues thru their over investment, Joe Aston mentioning the Visy scandal, capital raise etc).

I wonder how long it’ll take before Harry himself owns up to causing the mess? When will the berry/other writedowns occur (only mushroom investments announced Monday)? And when will a new CEO be appointed (surely Harry can’t hang on after this?).

The 10+ pages of risks associated with the capital should be read, understood and probably added to be anyone thinking about investing more. Especially as it appears that both Harry and Frank aren’t investing themselves.