quaterly, page-11

Uncleart
Last year in early July lsl released an early guidance of profit for 2007 before the august release of report.
The less news the more fear from everyone at the moment.
Lsl hold about 19 million cfk shares which are valued at 25% of their 30 cent high of last year which doesn't look good if they have to refinance 9million which is their exposure to prime.
I don't think anything is worth holding onto too long in these times as even good news doesn't cut it at the moment.
I'm only trading on the swings at the moment which was good as cfr would have done me if I waited for the report.
I thought it was an over correction with lsl like everyone else but until the financials are out we don't know.
When the NAB and ANZ started wiping their assetts off in the US it spooked me with a minnow like LSL.
Not touching lsl until the report comes out.Now its just gambling.