If they needed CBA approval they should have had this discussion...

If they needed CBA approval they should have had this discussion in the pipeline with CBA so it's inline with the 4C reporting because there was a valid reason for little growth in revenue over the quarter. My view is they were in reaction mode when they realised the 4C and the SP went down so much and probably management recieved a flurry of emails and calls asking what's happening. What I'm saying is they could have avoided this by just releasing this business update at the same time as the 4C to stop any confusion and calm the waters. I'm sure they have a strategy in place and I've voiced my concerns to PC on many occasions yet they are controlling the company not you or I, so each play they make with have supporters and non-supporters, the joys of directorship! Patience is a virtue with IAM