shareholders need not listen to b/s if thats what they think it is!! .
For eg: brewer will say ---it is the tough economic conditions /slow-dow and EURO uncertainty for the decimation of the s/p
whilst the real reasons are mismanagement /high cash burn rate /tooooooo many passengers on the board !!
this isnt even a real coal mining company with a board this size is a joke-
the local fish and chip shop earns and banks more monmey than them .