Yep, I’m aware of their outlook statement and sincerely hope...

Yep, I’m aware of their outlook statement and sincerely hope that you’re right. That being said, the recent history of downgrades, notwithstanding the reasons given to underpin them, doesn’t inspire much confidence. Personally, I wasn’t impressed with Mark’s presentation at the Macquarie investment day nor was I impressed with his and Mr Levine’s performance on the post results investor presentation call. I do however have confidence in Richard Freudenstein’s credentials and think (hope) that he brings the gravitas and expertise necessary to grow the business and take it to the next level. All imho.