This is a hard one. If you subscribe to the "no news is good news" mantra then you'll be licking your lips and looking forward to the February update. I think if there was any good news in the pipeline then they would have released it by now given that the SP has tanked. Markets getting hammered is going to double the pain. I think it's going to be a grim half year report with an earnings downgrade and of course they're going to blame COVID which is a total cop out. COVID or not, if their Australian operations are underperforming then it has nothing to do with COVID because their competitors are smashing it at the moment. Guess we'll find out in a couple of weeks.
Ann: Change in substantial holding, page-29
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