The impact is expected to be a net loss for the 12 month period...

The impact is expected to be a net loss for the 12 month period ending 31 December 2008 of approximately $700 million and a negative net asset position as at 31 December 2008.

REU is gone, not only is it underwater.. it is fast sinking.. well.. maybe something good might come out of this.. debtors won't be asking for their money back now.. because if they do, they'll take heavy loss for sure.. could this end up saving REU? i've got 1 millions share in this sucker.