Ann: Customer fraud incident - correction to earnings impact, page-8

Clearly those of us here don't know if something shady went on.

But what we do know is that an announcement was released, and on the basis of the announcement the price went down quite a bit as there were adjustments down for annual profits. That is reasonable: the company is telling you the income from the business is less than expected and so the share price should reflect that.

But then the next day (or the day after that) an amended announcement came up to change the first announcement. Low and behold the impact was not as bad and the adjusted figures. And so with the forecast not as bad, the price comes back up again. The price movement back up is reasonable in that context.

Sadly, I am a suspicious person by nature. It's hard to not ponder the above as a whole and wonder if anyone knew what was going on. It's sad that we have to feel this way about these things but the nature of the above does not shine any great ray of confidence on the business.