No way. This will have a material effect on the bottom line. We were expecting revenue this financial year and they only announced it at the very last minute. Either the issue was known ahead of this time, is material and they failed to disclose it to the market.
Or the issue was only disclosed to our BoD at the last minute in which case they are being played and should have imposed a penalty which they failed to do. Either way it is not impressive and I would be agitating again for a change of management.
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