Ann: Half Year Results Presentation, page-11

I agree - I was expecting some revenue figures which were either level or better than the PCP. Management need to learn from this market reaction to their failed judgement about what was happening financially. If their early announcements were a proper assessment of revenue then they should have announced the change in sales momentum to the market when it became apparent. Failure to make changes known to the market can blight investors interest for a considerable period - as it probably has yours. Cannot say I blame you for feeling that way - it is a matter of trust and in financial matters it is hard to overcome.