manipulation or just crap results, page-24

At the risk of sounding completely naive CQT made a point of stating that the evaluation would done under 'strict audit and security conditions'.

Presumably there are no leaks - and although price is falling it has been on light volume suggesting that it is nervous nellies reducing long positions based on the premise that delayed news is bad news as it often is when hamfisted managers agonise over trying to word in a silver lining.

In this case- cant really say for sure. However 'strict audit' procedures take time. The more there is to be audited, the disproportionality longer it takes. So my guess either a lot of micro diamonds, or if there modelling is not complete b/s, lots of macros.

They seem like a competant bunch [naivity?] so balance of probability in my books is good news.

time will tell