As is always the case; listening to the results webcast is worth...

As is always the case; listening to the results webcast is worth doing.
SKE Dec half webcast: http://edge.media-server.com/m/p/8wthe7i4
Generally the first section of the webcast is just a rehash of the results as per the ASX announcement. However there is almost always a Q&A to follow. In this case it is the last 35mins of the presentation.
Nobody bothers to address the elephant in the room. The share price. That being a pointless question because the market will do what the market will do. There are a couple of attempts to get 2nd half guidance out of management. You can read whatever you like into the responses.
Two things I did take from the Q&A are;
On target to achieve approx $15M in cost savings to 2016. First half was $6.3ml.
Restructuring costs expect lower in the second half. Much like in FY14.