Sorry my mistake.. The company considers the sale pace is satisfactory because:
in the Appendix 4D and Financial Statements on 21 May 2012. That update states:
As announced by the Company on 3 October 2011, the Board of Directors have resolved that all operations of the Group’s Forestry
division would be held for sale, effective 30 September 2011..... There may be factors beyond the Group’s control that impact the timing of the ultimate sale of these disposal groups however at present it is expected all
disposal groups will be sold within twelve months.
You know a company is struggling when they give the spin in the headlines and the truth buried in the appendices.. And then refers to it as satisfactory..
'satisfactory pace' of 'total withdrawal'?, page-3
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