Maybe there is good reason for this coming through the media rather than the ASX, I suspect that EN may have wanted a dissemination of information that would not impact the SP as it is low enough. When you read it there is the fact that there will at least be a profit!
It has put to rest the endless speculation of the company heading for the liquidators and by the time we get the quarterly the SP would have been 5 cents.
Maybe it does bend the rules a bit but the way HC has been travelling we are a self fulfilling prophecy bent on destroying our own wealth and all on personal opinion.
It doesn't seem to matter what news comes out it is disseminated like the entrails of a toad on a bench in a class of trainee surgeons!
I like the announcement as it is bound to be the worse case scenario and when the quarterly does come out I bet it will be much better figures than what we were expecting.
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