Hi Deansy,Yes diluted takes into account additional shares...

Hi Deansy,

Yes diluted takes into account additional shares issued, Rights issues, employees options etc. My maths needs to improve as the increase stated on page 5 is 6.38.

Given the rights issue I would have thought the diluted EPS a better starting point to assess the results.

I'm still feeling my way on reading reports so I may be looking at things the wrong way but this seems to be the best common denominator I''ve found thus far.

If you fancy some light reading about the Australian Standard for EPS check out this- http://www.aasb.com.au/public_docs/aasb_standards_2005/AASB133_07-04.doc

Cheers

Oscar


Note I forgot to disclose my position in the last post, dont hold but have been watching for a while.