great result 2009, page-5

Gearing at 33%!! Are you folks joking! Thats low by anyones standards regardless of the environment. TGR is of such quality that rolling this over wouldnt be a concern. The amount and re-financing risk isnt even an issue.

The small parcels are a none issue too. Thats just the way institutional execution systems work.

This result was actually above my expectations. And certainly above a lot of brokers expectations given earnings revisions and guidance by the company 1-2 months ago.

Dont worry about why its going down, buy it. The FY09 result was fantastic, as was the commentary. I am definitely on a buy tack. I'm glad I waited until the price came back to my buy levels. I thought I may have to pay $2+. Whatever the reason for the drop, its a massive over-reaction, and there is no way I can see the price falling further. I'd be very surprised if strong support doesnt emerge tomorrow.