Ann: Trading Update , page-9

Interesting to see at 2010 half yearly they had a 21% decrease in revenue compared to 2009 half yearly .2009 half yearly a drop of 9% on the 2008 half yearly.
Add these drops in revenue to 2011 half yearly drop of 18% on 2010 half yearly revenue,that's a whopping 48% drop in half yearly revenue over the last few years!
They have another 10 months before facing investors wrath at annual general meeting.
Debt covenants must be looking bad so expecting more unpalatable news in 2012.
Not the best Christmas news for me,only good part is that it is money i can afford to lose,if there is such a thing!
Appointment of New CEO may bring minor relief but it is a very gloomy picture.