where is asic, page-41

Tradermc

a couple of days ago i posted some numbers i picked up from commsec and their announcements (below). Unless you have different numbers i'd suggest you would be better served putting your money back under the bed?!


revenue will be down 100m from last year
ebitda of up to 60m (per their update) and assuming the same D and A as last year, they might (just might) put their head above water before Abnormals (lets not open that can of worms)

So with 240 odd million in debt and considering in their best year (last year) they produced a 35m net profit and a distributed a 1 cent div(yes the whole aussie cent) and manageent will not provide a forecast going into 2011.

DYOR! dont follow the pack