Ann: Trading Halt , page-32

HT

Yes you are correct I ommiited the additional shares, in my EPS calculation. Thanks for the correction.

The positives for me would be the level of cleansing that has taken place, and the fact that LEI has over the last 10 years generallly had good margin performance (expanding EBIT margin from 4%-7% over the period) as well as the robust nature of the markets it operates in.

It now is a potential turnaround story, but there are enough negatives that the stock could trade lower for some time, until faith is restored.

I need to spend sometime reviewing the cashflow over the last few years.