On another thread Ratkin (I think) said he had this in his stopwatch if the price was right.

A 5.03 announcement today and a profit downgrade .... a bit light on the detsil ..... ratkin might might just get his wish,

But is this just another debt collector in a long series who reach a certain size and then it all seems to go wrong ..... costs get out of control ..... ledgers get harder to collect ...... and low and behold the amortisation factors they have been using are all deemed too light and we see a large adjustement in the value of ledgers.

We'll just have to wait and see ..... but one thing Carmel will see the initial slide ain't too much

Worth while to go back on the watch list .... I see some volatility coming up here