Ann: Half Yearly Report and Accounts, page-2

Boy, skittish investors, these days.

Looks like someone (or some people) simply looked at the headline profit result and decided that it didn't look good, so they decided to sell immediately (and indiscriminately).

However, it strikes me that that, whoever was ditching their shares at almost any price, failed to discern the actual composition of the result.

Which, from my vantage point, actually looks quite good.... featuring a very significant cost investment in systems and related infrastructure to support long-term growth.

Had they wanted, they could easily have made the result come higher by 40%, 50% or even more.

The market is a real ass, sometimes.

This particular investor is not complaining, though...