CI1 paid off the liabilities with capital raised from issuing shares which isn't exactly a win. The reason I don't like the loan is because of the 15% interest on it. It wasn't a bad report, but I can't say it's great, I'd consider it the worst annual report out of the 4 so far.
I am still invested and think it's a good company, but there is definitely more uncertainty coming from this financial year than there was last. There is obviously also more potential with the new products, unproven though they are, hopefully they will begin to deliver along with a recovery in the effected core businesses.
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Ann: Annual Report to shareholders, page-8
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