Ann: Full Year Statutory Accounts, page-3

I suspect the "were" related to the discussion with LGE about the change in direction / strategy.

The big question is what is the situation with LGE - basically we were told in the prospectus discussions were aimed at being finalised earlier in the year and we have had no advice LGE have departed but likewise no indication that LGE are still engaged in some way.

While one could form the optimistic view that LGE are sitting on the sidelines waiting for some preconditions to be met the longer things drag on the less likely that becomes.

AUZ have never been great at updating shareholders aside from a flurry of announcements when Holmes arrived but it is overdue now for AUZ to update shareholders re what the situation is - a few obvious questions ---) if LGE is still engaged, is AUZ still pursuing the strategic plan outlined last year, what has the company actually done that is concrete for the last 6 months - what are the Board actually up to aside from collecting their monthly fees.

From the outside looking in AUZ does not seem to be doing much of anything at the moment aside from losing a CEO and appointing a new one.