cbd/westinghouse merging by june, page-11

Yeah Daz. The maths should have been 7/6*CBD$value. The whole calculation was faecetious.

CBD is running a bit like Air Australia or Compass at the moment. Or a duck - smooth presentation but paddling furiously to stay afloat underneath.

Thanks for the Auschina link. Maybe CBD did not mention it because the whole Auschina thing was never going to affect CBD earnings significantly? Or that the earnings update comment
"The timing of the recognition of significant renewable energy project development and brokerage revenues could still lead to further adjustments to the above figures." was meant to indicate this?

I see in The Australian today that coal-fired power stations (Milmerran up first, Loy Yang next) have their hand out for government subsidy (loan guarantee to loan to straight out grant).