third downgrade

Feb 2008 TPG acquisition announcement - guidance FY 2009 EBITDA $108m before synergy benefits
April - 2008 - "in excess of $100m"
August 2008 " approximately $100m in line with previous guidance"
Septemner - 2008 " $93 million" because our previous guidance included $7m on Perth property leases surrender.

This guy Teoh is taking us all for fools. Today's guidance was the third downgrade. comments like in line with previous guidance, which was not only higher but excluding the positive synergy amounts, when giving us guidance which includes a one - off windfall without stating so is in my view dishonest