Ann: Sky Investor Update, page-13

Since the announcement (May 20th) I've sold half my holding. I'm not up for being 'all in' anymore. My investment pathway here has changed. Admittedly this is a decision based on gut feeling and not on fact & arguably not the way to do so. That said, when a company gives guidance as to how they intend to manage surplus capital and actually spell out their intent to return that capital to long suffering shareholders & then do an 'about face' before a single dollar comes back as indicated.....I get nervous. I'm hedging my bet here going forward & feel more comfortable for doing so. Awaiting with (less) trepidation what comes in August.....