Wow what a shock! a $105m impairment in 2HFY16 with barely an advance hin...giving eps a loss of 34 cents rather than a modest 6 cents which is what I thought was realistic! I'm out at 48 cents and now believe GCS to be a value trap.
Ann: GCS FY16 Results - Reports Strong Underlying Performance-GCS.AX, page-2
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