Response to ASX query puts EBIT at up to 20% lower than last...

Response to ASX query puts EBIT at up to 20% lower than last year which was $32m. Plus adjustments of up to $5m. Putting EBIT for this year in the range of $20-25m

Market cap $25m.

Granted it looks like earnings going forward will be less given the loss of doctors will only have impacted on a part of 2009-10 results.

A material goodwill impairment to come also.

However, looks waaay oversold. Negative sentiment towards management notwithstanding, the presence of a major buyer does give confidence in the stock. He has been putting in large orders for the last few days. Saw one for 900,000 go in yesterday. No fake props either - he is taking out all the buy orders.