Ann: Market update, page-142

There is no leadership in straight talking to the market. This is never a good thing: bad news is better delivered fully, honestly and soon as possible. This puts a floor on things in the market because it creates some trust. The reverse is also true: market can smell it when holding back worse details.

There is so much wriggle room continuous disclosure legal obligations, I am sure they have their bases covered in the strategy of minimal and coded messages.

"...continues to work with its auditors" is very strong code for: the auditors have refused to sign off on the management numbers. Auditors refusing sign off on management's cash flow numbers is never a good thing in this kind situation. They have had enough time.

Tend to agree likely a bunker at HQ, and inside the business employees worrying and seeking answers through watercooler gossip.

How any retail punter, without some special information and insight, could even consider taking risk of accumulating "cheap" shares from instos in this kind situation beyond me. But this has been the consistent strong pattern for quite a while.

Still a chance some good news coming in Feb, but I don't like the odds.