new announcement!!!, page-64

BH!

Why do you 'imagine earnings will be more like 1c-2c/share' - instead of calculate?

According to the forcast if we take the 11% margin (to be on the conservative side) the EBITDA is approx 111m which is approx 68% drop from 356m achieved for 2008. EPS for 2008 was 16.4c in AUD. And if EBITDA is to drop 68%, I am just factoring in a similar drop in EPS. So 16.4c * 0.32 = 5.248c. Not quite 5.5c but not far from it.