In their HY 'Outlook' statement EAL management say they are " not able to accurately forecast due to market volatility and project nature of work undertaken by EAL subsidiaries"...
I reckon EAL will record a loss in 2H. They almost certainly feel the same but....
Even if tarp sector lifts they are in strife. Avoid.
Ann: Half Year Report - Results Presentation, page-2
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