Some may also drive from Perth to Melbourne rather than fly and say they are being safer! The airline analogy implies that one small fault is catastrophic. They focus on the large faults while ignoring the ones right infront of them, like the steering wheel of the car! People have a tendency to make much adoo bout nothin!
Quiet frankly, this latest incident should not even be an event deserving of disclosure since it is an isolated incident. The recent two disclosures of error are nothing more than remnants of fiduciary guilt from the $56M settlement that tarnished last financial years accounts.
If management is going to disclose every single error that they do, then maybe they should also disclose every single individual success that they produce! All in the spirit of full disclosure of course!
MVF Price at posting:
60.5¢ Sentiment: Buy Disclosure: Held
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