Ann: Quarterly Activity Report and Appendix 4C, page-50

I have been pondering and pondering this one and to me it makes sense to sell out and stay out until things are clearer.

The quarterly was scary indeed. I see the following possibilities

1. Management has given up and are just waiting for the end

2. Something strange has happened we are not aware of.

3. Management are delusional and/or are not acting rationally.

4. Management are marching to the beat of somebody else’s drum - some kind of hidden agenda or plan.

it’s not what’s in the quarterly but what it’s not telling us that scares me.

It’s a puzzle I can’t unpick just yet but will become clear. at some stage