Hi Jamwolf, I agree that the Board is definitely taking a...

Hi Jamwolf,

I agree that the Board is definitely taking a long-term approach.They seem to be sticking it out for however long it takes to see a profit from operations. This is reassuring. I would anticipate to see a return to profit by end of FY 2015; let's hope to see a guidance statement along these lines. In the mean time, another crack at the hybrids would see a further reduction in liabilities and may attract offers from other parties in the form of a takeover, perhaps even an attempt at privatisation where shareholders would be bought out at a premium. But this is a long way off.