off to coles

Forgive my newness to this stock but...

When was the last time these guys made a profit?

Scrolling through the results and I see loss after loss?

It seems the sale of cape will only just cover first half losses?

Or alternatively, the capital raising (36.2m) won't even cover the first half loss?

I thought WA was boom town!?!?!?

Down, Down, Revenues Down (20.3%)
Down, Down, Assets are Down (19.3%)
Down, Down, Equity's Down (11.5%)
Down, Down, Assets per share are Down (80.2%)
Down, Down, Western Operations Revenues Down (52%)

Mechanical and Mineral Process Engineering is up!
Might have been simpler to refer to as 'como'.

Interesting that they have not been re-branded VDM Engineering. Similar to Cape who retained their name and were then sold off.

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