Something more is going on here. Changed my sentiment to sell until I have really had the chance to go over the last 1/2 dozen announcements carefully. I'm sure I've seen a company miss targets and not get a please explain letter before.
Once the CFO has been replaced I would like to see Julie-Ann Kerin kept on a short leash. Two downgrades in this sector is inexcusable - especially when the company was buying back its own shares. I also will want to see the board strengthened. If they did not know what was happening until Feb - then something is seriously wrong.
will probably sell these shares. I got this one wrong in the short term, however LT I still think its a good investment, however I don't really want to wait this one out.
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