feb 2009 half

Relaxan-- have been listening to the Web cast of the half yearly presentations. A couple of things stand out - there is no impairment in the "value in use over the life of the assets" = NA 1.3 BILION and the CFO believes the ICR will not go into default but probably into lockup.

Also it does not sound like that there will be a takeover.

Looks like the best I can hope for is that Rolfe is worth his money and can turn a market cap of 24 million into ? with a longer term work through.