HTDoing this on the bus with an iPhone so could have a few...

HT

Doing this on the bus with an iPhone so could have a few typos

Generally I think management have done a good job

Big C purchase good
Limited share buy back good
Staying out of SFR good

Capital return - not convinced is good for long term
Share consolidation - not convinced about 10 for 1

Completely underwhelmed by
Analyst presentations both of them
Settlement out of court although amount was good
Lack of exploration results announced or found
I think they have a short term strategy, a part long term strategy (big C) but worried about mid- term strategy 3 - 7 years

So for me whereas last quarter I would have rate management as an 8 out of 10, I am rating them a 6 or low 7

Hope this helps

I am still positive/hopeful