should be a good trade, page-36

For a company in this financial strife it should be half of that....In business these days you have to be brutal to survive.....A classical example is what Ford & Holden did - looked at there business model and it was no longer economically viable to manufacture here in Australia so it closed shop. Boart should of conducted a brutal restructure during the GFC to ride out the storm and the numbers on the books would of looked a lot more healthy today.