Yes, that section caught my eye too. You could read it in a number of ways, but it looks like a way of not announcing good things which they already know are relatively dead set for the future year(s). I read it as saying "we have reported on the consolidated entity for the full reported 2004-2005 year as required by ASIC. We know we have five numbers lined up on our card, but we can't yell BINGO before the sixth number has been confirmed (ie we can't tell you about it at this sensitive stage of the deal, because it will prejudice the outcome, or the wheels could still go wobbly the deal)."
It is very unlikely they would put this comment in the "likely developments" section if it was an expected future loss. There would more of a chance that they would tell their shareholders about any expected loss to cover themselves in future.
It is a very strange comment to add into the report if it is not talking about known positive news that is in the making, IMO.
NMS Price at posting:
0.0¢ Sentiment: None Disclosure: Held
