It begs the question why were the costs and the head count not cut to the bone years ago when they stopped realistically looking for new investments and instead started looking for buyers . Every chance they get they tell us how hard they are working and how diligently they are trying to get a ruling from the ASX . So WHAT EXACTLY IS THE HARD WORK THEY HAVE BEEN DOING ? And what do they mean diligently pursuing the ASX? I learnt a new phrase recently reading reportage about the US election . WORD SALAD . This quarterly seemed a prime example of it .
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