Ann: Restructure of Cootes Transport , page-2

as far as I understood it this news is not all that surprising. Perhaps losing 100% rather than 50% is a bit more of a news event. However the profit impact is likely to be much less due to the fact that these were fairly low profit margin businesses......but then maybe I am wrong. Certainly the share price reaction suggests some level of shock but then again the stock seems to be very thin.......interested in anyone elses thoughts....