Now that sev's acknowledged its exposure to securities has been belted (d'oh!) as well as it taking a massive hit on ad revenue, I wonder what the future bodes for eng. Sev reckons eng and unwired's earnings are consolidared into the group's figures which smells suspiciously like a precursor to a full takeover (or a write-down and liquidation) But if seven's investments have been so rotten then that would lessen the likelihood in the immediate future wouldn't it? What's the feeling out their in cyber space? (I still hold, only 'cos I don't need a cgt writedown this year)
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