update, page-14

I would really like to be excited about this one... but listening to the last webcast has snuffed out any enthusiasm I'd otherwise have for this company. Tripped over many of the questions the analysts presented, and struggled to engage in any straight-talk at all. Couldn't even disclose new employee starts for the year.

One analysts made a good point - even the "jewel in the crown" geosciences division is on track to post a poor 2H due to margin compression.

I imagine all the institutional holders are scrambling for the exit right now.