Klogg..spoke to one of the senior execs, Re the sp decline. As...

Klogg..spoke to one of the senior execs, Re the sp decline. As can only be expected, nothing materially has changed from half year guidance. Brought up JHs departure, got told it was to look after his wife, who was ill. Other than that nothing new. He seemed genuinely mystified to the sp decline. Looking at the decline on its historical PE, Tga at 2.60 was trading around 13 which is right up there with its all time high. Now at 10 its pretty well in its lower range.