The only other thing i forgot to mention is the 9.7m loss from contract renegotiaton as announced in september 2009. looks like the major contracts signed with holden and capral in early 2008 was probaly some fixed price deal at the top of the market. So CMA had to try and get out of them anyone know? Hopefully all these issues are in the past i think management has more to answer for than just blaming commodity prices and low input?
CMV Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held