Preliminary report Total impairments=80.3m Restructuring...

Preliminary report
Total impairments=80.3m
Restructuring provisions=6.5m
Trading adjustments=2m
Legal costs=18m

Total writedown (before any aset sales=106.8m)
NTA reduced from 51c to 49c

Even with new contracts not sure how they can recover from here.
The news continues to disappoint on the downside once more for stakeholders who have been most patient.
Oh, if only that 52c t/o offer was still on the table.
Imo, the company would benefit greatly from board renewal with new ideas of conducting business and generating growth during theses difficult times,after all there are many ex expereienced executives from other mining services & civil companies that have fallen on hard times

Good luck to all holders,you'll need it

The AGM will be interesting.