Management seem to have reported to the market once they have understood and resolved the problem to a level where they can actually quantify it. There was nevertheless any guidance that they needed to report a deviation from.
The market would have liked it less if they said "hey we've run into a problem with Aussie DCB, we are trying to resolve it". Assuming it is a one-off I think they have handled it the best they could.
My thoughts are summarised in the below link for those who are interested:
http://20kstockproject.blogspot.co.nz/2016/11/mobile-embrace-drops-bomb.html?m=1
Ann: Market Update, page-187
-
- There are more pages in this discussion • 154 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)