Also watched this for years and been in and out. When things got desperate for them, I began to distrust their forecasts. Consistently proved to be way off the mark.
Might finally be a turn around play. The latest announcement finished with:
"quite positive signals already evident for this new financial year continue to emerge."
Still cautious language imo. Im a little wary of a knee jerk reaction when the final loss is announced end Aug. $45-$55m loss without writing off any Greentrains of Goodwill. The balance sheet used to be mainly goodwill. It has since been firmed up, but still carries $103m. Wouldnt be surprised to see a big chunk of it written-off.
Just watching at this stage.
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