Cafa,
I do not think we have been told the full story re Ph 1 writedown of assets to replacement value. Need to get clarification on this as there are many possibilities.
also in the recent announcements, the company states they are on track for a fifth successive quarter with increases in production and sales. IMO only it is not going to be a massive change to June qtr. If they had already surpassed June qtr figures, they would have claimed the increase not said on track. It suggests they are looking for last weeks sales and production to get there.
BTW, in AL,s interview she said they restricted the cap raising due to the already dilutive effect, so in the companies view, the raising is dilutive.
I could not be bothered directing this one to the correct people, I would only get a grade 6 maths lesson.
LAMP2, page-16
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