The current management has made some big changes in cost cutting...

The current management has made some big changes in cost cutting across the board. AUD is rallying (all of their products are now imported). The GFC also doen't appear to have impacted on retail sales as much as first thought.

I am waiting on their annual profit annoucment and reports to see how they have gone, but I am hopeful of some very good news. The general market is also anticipating this given their 2-5% SP increases each day for the last few weeks.

We all know about the writedowns and restructure costs, they key numbers will be Maintainable Earnings and FY10 projections.