FDM freedom oil and gas ltd

Ann: Interim report for the half-year ended 31 De, page-3

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    re: Ann: Interim report for the half-year end... I take a contrarian view. Look beyond the headline numbers. Yes, Yeager's gift ensured a 1st half loss. Add that back and you get an operational profit of close to $US6M. The 2nd half results will look much better. There's a fair bit of marketing in these numbers as better 2nd half results will allow yeager to take credit for "turning things around". Markets are forward looking. The analysts will be reviewing the numbers to ascertain the "underlying operational profitability of the company". In other words, they will strip out the one offs.
 
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