I looked for a forward looking statement in the annual report released last Friday but couldn’t find anything…and was a bit surprised.
And now this weird statement has been added to the annual report as an important update….
what does it mean? If their best-guess financial and operational predictions for the coming year are bad, that would of course hurt the company's market cap fortunes, but they can’t withhold that info from the market…
what if their financial and operational predictions reminded the market of what a screaming bargain TIE is…and doing that might attract a low-priced takeover offer before the share price has a chance to recover from its doldrums? Amy e that is a reason to keep quiet.
God knows!
we share holders will be the last to know what is going on.
Ann: Annual Report to shareholders (Updated), page-3
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