re: Ann: Interim report for the half-year end... Geez didn't...

re: Ann: Interim report for the half-year end... Geez didn't expect a loss. Looks like Yeager is preparing us for more impairments to the oil and gas assets, once the review is completed. He's written off nearly 1m so far. Employee benefits expense has skyrocketed this yr, it's up nearly $10m. So the company has in effect been given away to management, especially Yeager who got 15m shares for free for joining the company. That's mad, shareholders have allowed this.

Yeager has been paid well by shareholders, he better deliver growth. Cos in 12 months he gets another 10m performance shares for free as well. Don't expect a profit for a yr.