re: clarkent my comments were more in reference to:"Dont be...

re: clarkent my comments were more in reference to:

"Dont be fooled by the latest announcement, saying that they have cash in the bank and a prospective EBITDA of $8 million. The increased EBITDA is mainly acquired growth, not organic, and the acquisitions taking effect in the new financial year, meaning that the cash in the bank will not be there after they finalise the acquisitions (not to mention the dilution to due the part share consolidation)."

The intimation appears rather slanted for someone that hasn't spent much time on the company.
For instance, the EBITDA growth for 2004/05 was entirely organic. The synergies resulting from the delvex acquisition in 05/06 were responsible for approx 50% of earnings growth during last year. Please dont make sweeping comments about something you appear underqualified to talk about.
Otherwise, please do enjoy the w/e