There new board can only be good news. Temasek, Lazard & Morgan Stanley are there to protect their investment. If this was going to sink, they wouldn't get on; they would be looking for a way to get off. You can be sure of one thing - all of the figures will be being scrutinised heavily by the accountants in those firms. Of course, there is the loss already telegraphed to the market, but the eps going forward shouldn't look too bad. No $4 anytime soon, but upwards of a dollar very soon is my belief. Maybe more with a good announcement about UK sale.
ABS Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
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