Can anyone believe they could have already hit the projected FY losses by 31 Dec? Moreover, they haven’t now provided guidance for the FY...scary thought. Planning in advance of 6 months hasn’t proven to be a core competency so the 2010 business plan looks like the stuff you get out of a uni text book but no doubt cost a lot more to have the management consultants put it together for them is quite. Ridiculous. . Finally the NTA now incorporates nearly 35% intangibles....this needs to be challenged by the auditors and would not justify a premium if Boom Logistics or others were to look at this dog.
Half glass full types forget 2010.
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