drifting south, page-24

It is extremely disapointing that there has been a real lack of transparency and full disclosure of information / facts in the recent QHL announcments. The market has been left to speculate which has lead to uncertainty which in my opinion has been a significant factor is the decimation of SP.

I can not belive that I have only just found out that Quickstep will use $15m of shareholders money to move to Sydney via hotcopper. Why was this information not in their annoucment. This is market sensitive information and as such should be disclosed to the market.

In my view the recent announcements have been extremely poorly written, lack conviction, full disclosure and fall well short of promoting the significance of the signing of the LTA. Whoever writes these announcments should be sacked in my view!!!!

I also do not have much confidence in the CEO's ability when it comes to public speaking and promotion of the company - he seriously lacks conviction when being interviewed which does not help in developing investor confidence.