Cash is 10.2mill according to 29/01/10 release. Thats down from 16.7mill in 31/12/09 though, from half year report. Current presentation from today states that cash is $10.2mill for 31/12/09 - im thinking if this is a mistake and the date is referring to the 'no debt' comment instead whereas the cash is 'todays'.
Previous years profit came from 'gain on disposal of available for sale investments' with 8.2mill - thats not exactly their core business. Without this it would have been a 3.2mill loss for 08, which is in line with current loss.
I dont hold but their investments et al are being discounted.
MLM Price at posting:
23.5¢ Sentiment: None Disclosure: Not Held
