Ann: Company Update-SRF.AX, page-77

I would think that the $60M was before the adjusted earnings. The change to earnings reflects in part reduced sales but they have also spent a fair deal of cash by the sound of it to integrate these various business add-ons, so I would say that has come out of cash (not that I necessarily believe they actually had $60M after this fiasco - why would we believe anything they say).

Cheers, Sharks.

PS: I bit the bullet and sold out the week before last for 33c - I couldn't see that lasting especially now that the possible Cameron takeover bid seems off the table. GLTAH