Ann: Preliminary Final Report, page-8

They have no free cash flow , cash actually decreased by $50M. At this rate they won't get pay another divvy until there is a turnaround. If you break the second halve up ( pre-impairment ) you had NPAT of $18M, EPS of 4.7c and divvy 1.5c. This a decrease of 50% of what they achieved in the 1st half of the financial year. Certainly not making this cheap. Major assets sales needed to restore a very unhealthy balance sheet.