thoughts, page-3

sergeant, re the banking facilities update mentioned in the announcement>
i read that there was a covenant existing probably arranged between greg baker and the CBA, and that now needs to be changed as baker no longer runs the company.
thats all i do read into that.
the reduction of the debt facility is great and what i do read from that is> they state that further debt reduction will follow direct charging in march 2009.
eg greater profits - no need to have big loans.
i thought the ann. was stunning, considering new business partnerships that can grow in the future, ie =arab bank and jcb,, the japanese and arab visitors will now be using cus atm machines, payment back of $14.7 million,record uptime of atm`s,rationalization reducing it all sounds good.
re the share price, it is well gapped, no one wants to sell them, no dumping. they know whats coming next year.