year end report, page-2

After hacking off the half the business the remaining torso looks reasonably healthy and profitable. The question is now how quickly growth and profits in the remaining activities can occur in the current economic environment? Particularly difficult I imagine competing with overseas manufacturers and our high Aussie $ and stagnant productivity etc... if all the media hype is accurate.
Gearing looks better at 22% and I can see a possible dividend if this train wreck can be kept on track and over ambitious buying your way to growth strategies avoided.