I wouldn't be too concerned about the loss, if there is a...

I wouldn't be too concerned about the loss, if there is a perceived problem with ITE's business model then it is the lumpy nature and delayed settlement and the impact that this has on reported cash flows, obviously this doesn't matter looking at a broad time frame but when a snap shot is taken in the early days the profit or lack of can be distorted. There is a lot happening here on a number of different levels I'd sit tight and make sure you have a good supply of cold crownies.

Cloaka

All postings are thoroughly based on rumour and unsubstantiated innuendo.