No point looking at EBITA when capital position has changed. A...

No point looking at EBITA when capital position has changed. A better measure would be EPS, which will be down 30%.

Luckily I closed my position last week. But bought some back just then. I know it's like catchng a falling knife, but even allowing for a 50% drop in dividend (I hope that's conservative enough), the yield is still adequate, so I don't care. Only a small bite though.

ALS is essentially a bet on how bad the recession will be.