re: more bad news.... The sacking of staff in Sydney doesnt mean that it doesnt have any work on hand.
What Multiplex needs right now is to finish Wembley and other major work on TIME. Then think about going to get new work and/or joint ventures. Sacking some staff members could mean cost cutting.
But I did notice that some of multiplex's apartments are still for sale after 1.5 years on the market. So the Balance sheet could be overstated a little.
MXG
multiplex group
