Let's hope that recent events have not been choreographed - 'unexpected' CR prior to AGM (wherein was repeated the boast that the company remains debt free) followed by a TH for a 'downgrading' announcement. If so, that timeline of possibly sequenced events could be as negative in appearance as the content of any negative announcement.
THE ABOVE EXCEPT IS FROM COMMENTS I POSTED YESTERDAY IN THE ‘TRADING HALT’ THREAD. TODAY WE GOT A ‘DOWNGRADING’ ANNOUNCEMENT WHICH (IMHO) WARRANTS THE CRITICISM LEVELLED BY MANY REGARDING ITS TIMING.
Ann: Market Update, page-76
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