impairment charges 69.5mil for fy 2008, page-9

No real surprises here after today.

Onwards and upwards from here.

Good to see the new board did not hold back on write offs in the FY08 period. Sets up for a good FY09.

Highlight for mine, $4M cost saving at head office to flow straight to bottom line...

Sale of Assets will easily cover Bank Covenants, definate Acquisitions on the go..

Rebuild from here and a 12 to 24 month view, Prime to play bigger role in this in FY09..

Overall, glad to see FY08 behind, and now to see the positive announcements coming our way.

Bottom draw, but ontop of the pile ;-)