cbartel - dont have too high expectations. I think there was...

cbartel - dont have too high expectations. I think there was like a $1.1B loss in the P&L in the half year statement, so for the full year probably going to be at least that and if not more due to any more writedowns.

Next year's P&L will start afresh, so as long as they take a bath in the current financial year, would expect +ve P&L next years statement. They may as well writedown as much as possible to realistic values now to get it all out in the open.

Cash flow statement is what I will be looking out for, particular cash flow from operating activities.

In the meantime, between now and then, we are all waiting for asset sales, and update on the strategic plan.
cheers