News: GAP Gale Pacific Sees HY Loss Of About $3.6 Mln, page-16

Apart from my investment in GAP which is of some interest but not overwhelming, I'll be surprised if the market capitalisation isn't sitting above $55m after what should be a much stronger next half year "under new management" I'm actually intrigued as to what's happened.

It's not that I don't look at the spreadsheets or the past 5 to 10 years of annual reports, there's only so much to be gleaned at this point. It's just that (for some companies with market dominance, not GAP) business profitability really does depend on pushing the boundaries so I guess I'm interested in those scenarios where that has or may have occurred.

To be honest I'm not sure they will clarify in the report. Whether it's an internal stuff up or customer pressure I can't see any upside for them in providing that level of detail. I suspect the next report will all be "taking out the trash" with plenty of messages about drawing a line under the past half year and onward and upward.