Changing times and reality, page-2

Sorry Ash, have to disagree. The one-day delay in updating the market by the way was due to a personal non-work issue. That's the only reason.

Borrowing aren't huge. a 15mil facilty drawn to 8mil.
Sure, any segment in business will do less well in a slowing economy, but the training segment is more resistent in my view. People come and go and new staff still need to trained. In fact, unemployed people need to be trained too.

Reminder from the update>>>>>>On a trading basis, the Company is around break-even for the second half – a sharp improvement on the first half. Pleasingly, we are also seeing a steady stream of new customers come into all of our 5 business units, reflecting the efforts to improve our strategic market focus”.

and
all 5 continuing businesses are expected to report EBITDA profits in the second half, compared to the first half when only 2 of 5 made profits.