Ann: New Zealand Trading Update, page-16

If HotCopper is anything to go by, this company has itself in quite a pickle: even apparently good news is met with extreme cynicism. By the way, I'm not faulting that - looking at the chart and the past acquisitions I completely understand why so many feel that way, it certainly seems justified.

I had been wondering if, after the SPP is closed and the VWAP is settled (and with previous T20's now off the register), the share price might start to climb... but on the other hand it feels like this might not move until they can deliver another quarterly or two of cold hard fiscal success. I shall check back in about six months time, hopefully things turn around for you all. Cheers