I agree. It was sloppy of them to not include a comment on this in the 4C as a minimum. I have put in a query to IR and ask that this be address in the Half Yearly, as a minimum. After several quarters of a stable cost base it (hopefully unnecessarily) raises a question mark over operating leverage and sustainability - which is the last thing I would have thought management/board would want.
I would like to increase my position, but am a HOLD until this is answered.
