Did you read the previous financial reports? This one is pretty much as expected, write-downs are non-cash and what counts is the working capital deficit. It was higher in the past... take a look at the last annual, the working capital deficit was $24m, now decreased by $10m within 6 months and that was with only one normal quarter and one quarter without production from Smarts.
TRY Price at posting:
10.0¢ Sentiment: Buy Disclosure: Held
