agm, page-4

Thanks for that.

I read the speeches and it sounds like they have had a very tough first half. Given CMV didn't make much money last year when the economy was humming (made almost nothing if you don't count the expected court win), losing money this year is to be expected.

Given the toxic debt adverse world we are now in, any word on their banks? Specifically how are the banks going to handle CMV's expected losses and the likely breach of banking covenants?

Interested to hear about TPI as well.

Cheers