not so bad

Ok, so the stat loss was $100m. But on the bright side:
- NeT Tangible Assets 27 cents per share
- Upside if Tassie land sold, goes straight to bottom line
- Margins in diversified products increasing
- plenty of buffer on loan drawdown ability
- the worst has been factored into these figures including bringing forward the restructure costs
- operating cash flow improvement
- gearing under 20%

I think the next 12 months should see things improve. Lets just hope the USA and europe can get their act together.