I agree. The best outcome for A2m would have been updated...

I agree. The best outcome for A2m would have been updated guidance on the new regulations and a news release by A2m on how the measures they have put in place to work with the new regs ,how they will comply and continue sales without interruption.

This will give a sugar hit to A2m and more to Bal etc but the uncertainty will remain longterm.
Bal etc will get a bigger sugar hit as they were looking at a marked reduction in sales if the ne measures come into place.

We were in the best position to confirm and grow sales on the reduction in sales by other companies who could not meet the new guidelines, this has been removed.

Uncertainty completely removed would have been the best outcome for A2m.
The line with brokers will remain after the agm confirm sales are great, the line will be sales are great and growing but uncertainty remains around new ecommerce laws.