A lot of information has been released to market today and...

A lot of information has been released to market today and plenty to digest but all packaged information, the full financial results will provide better insight.

I still think the debt figure is low and there are some standouts like gearing up but debt down which means they have written down some assets. No details regarding inventories either.

I get a sense the latest results are to set the bar as low as possible with positive words about the future so to ease the burden of expectations for the Board in the future.

Good to see performance bonuses were not impacted...*cough cough*

Would be fairly sure in saying these announcements will not be seen by the current suppliers as particularly comforting or pleasing.

More reading to do...