Ann: Transfer of BLANCO distribution in Australia & NZ, page-22

The thing that concerns me the most is the lack of follow-up on the security breach. Many companies can experience security breaches, but not to follow up with more details for shareholders is poor form. I went away from the AGM earlier in the year feeling pleased with management, now not so. As such I have changed my sentiment to hold, until the company provides more details re the recent announcements. I bought in last year so holding very nice capital gains and have received double digit percentage dividends, so quite happy to wait for further updates.