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  1. 13,963 Posts.
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    BuynHold,

    I just quickly subtracted all liabilities from liquid assets, to get about A$50mm net liquid assets.

    I'd say they have a fairly robust balance sheet, compared to so many with net debt, in fact where net debt several times mc.

    Profit downturn - well that's the world atm. 2009,2010 won't be about the profit you make, rather about your balance sheet and your market position for the new world of 2011 and beyond.

    Will sit on the few I retained for now.

    EL
 
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