I’m having trouble understanding why management would think it...

I’m having trouble understanding why management would think it necessary to publish what is declared to be a shareholders newsletter but which in my view contains nothing new & is largely a reiteration of information published in the Interim Financial Report to the 31.12.2016
Is there anyone prepared to offer an opinion?
What I think should be demanded is a useful quarterly report which clearly documents Watpac’s successes & failures.