TSE 5.50% $1.06 transfield services limited

good post Markiedoes this announcement quell any doubts you...

  1. 13,561 Posts.
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    good post Markie
    does this announcement quell any doubts you might have?

    Transfield Services advises no material impact from
    Queensland rain

    Transfield Services advises that based on current information; there is no material impact to its Group or
    Easternwell earnings as a result of flooding and rain in Queensland.
    There has been no property or equipment damage.
    The Company expects some delays in post Christmas start-up activities in the Easternwell Energy and
    Coal divisions. However, work volumes are expected to be recouped in the current financial period.
    Transfield Services is in discussions to make resources available to aid in subsequent clean up and
    rehabilitation efforts in affected areas.
    The Company reminds retail shareholders that the retail offer closes on Wednesday 12 January.

    OR IS THIS JUST SPIN DESIGNED TO RAISE CAPITAL?

    thanx
 
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Currently unlisted public company.

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