Actually, unless you were in attendance at the Directors' meetings, they would have been taken into consideration by the company. The disclosure was for the benefit of stakeholders.
It is you and your seemingly infinite wisdom that seem surprised by the business cycle that the world runs on.
It matters not what I do for a living, but having managed many successful start up businesses, you appear to be one of the most naïve posters I have come across on this site.
Ann: June Quarterly Report & Appendix 4C, page-10
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