Any of you windbags like to stop having your own private converstation in your local village coffee and get back on topic..and in particular wtf is going on with our company, the buy back, the share price etc....
I think you may find that the answer is more simple. A year end update during the offer period would be deemed a profit forecast under the Takeover code which would need an accountant's report to be published. That takes at least 6 weeks to produce and would probably cost £250k. Suspect Findel figured they've made trading clear and would rather not P**s shareholders cash down the accountants' toilet on an unachievable timetable to defend a mickey mouse bid