Well well well ...216% estimated profit for the 2nd qtr was worth the wait march09 ...what ya reckon !!
With the reduction in costs as an earner (15%) and working capital (cash) increased by $3 mil to $9.2 mil we carnt really believe this was off the back of Michael Shumacher signing on with petronas now can we !!!
What a cracking result ...since the last up date the Aussie buck has rarely dropped below 90 cents and the effects of this strength are not going to cause any major issues in profitability or cash flows according to this latest up-date.
The part that warmed the cockles of my heart was the very last line .no not yours sincerely the line before that.
Yep you read it right !!! called it on the 16/10/09 and now Atwell love toward the ISS faithful is beginning to grow and grow just like the bottom line of this extremely well run company !!
right on time as promised , page-6
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