Tuesday 18 August 2009

Where did all the money go?

Where did the money go? The perennial question every time a company heads into bankruptcy.

It is of particular interest in cases of failed MIS companies for anyone trying to assess the effectiveness of the MIS model and the efficacy of Government policy in the important area of land use.

The recently fallen Great Southern Limited (GSL) represented 30% to 35% of the MIS industry in turnover terms. Whilst it has operated since 1987 it didn’t list on the ASX until 1999. There’s reasonably good data available from 1st July 1998 until 30th September 2008 which may shed some light on how the MIS industry has operated.

Tuesday 4 August 2009

More info please

I agree with Matt ( Why there was no doorstop ). Avoiding doorstop interviews are minor misdemeanours.

Provided the Premier maintains continuous disclosure.

The Premier’s recent speech to the Party faithful echoes much of the State of the State speech in March 2009.Consider the much vaunted irrigation proposals (in March), which “revolves around the creation of a Statewide water economy to make Tasmania a foodbowl for Australia. “