re: Ann: Market Update - Revised Syndicated F... First of all,...

re: Ann: Market Update - Revised Syndicated F... First of all, never good to read about people losing money, sorry to hear.

Unbelievable to see the share price take another hit today, but after looking at the financials again, I'm struggling to see how they can turn this around.

Forget the impairments, the occupancy & administration expense looks to be a killer, possibly because of smaller gross margins (have a look a the P/L).

And such a massive amount of now 'current' debt! Surely, you would have to be convincing your banks that you would be making $10M+ PA just to service that alone??

Any takes on what the refrigeration business will fetch? Wasn't this supposed to be their best performer?

GLTA, hope they can turn it around your sake.

Do your own research