So we've gone from 'not knowing' to 'expecting to be similar' using AC.
Not entirely convincing but the fact they've engaged a big 4 firm (presumably not PWC) is finally a good move in resolving this issue.
You'd hope that with the vast mngt experience in this area they are, subject to audit sign off, pretty reliable on their estimate of AC impact & should put this issue to bed especially with the decision to report both methods
Expect a significant positive move tomorrow especially if the shorter decides to bail.
Ann: Market Update and Teleconference, page-3
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