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April 2007

The birds!

Longstanding Esperance GP and Liberal MLA Dr Graham Jacobs finds himself in a challenging situation, with birds dropping out of Esperance skies, presumably from contamination from lead carbonate shipped out of Esperance harbour. The contamination appears airborne, and with a ‘no safe threshold limit' for lead in humans, fall out for his patient (now constituent) population seems inevitable. His choices might be to quietly get on with doctoring in the town or scaremongering and Labor-bashing for political advantage in his marginal seat.

Silver lining on the Gray cloud?

The pragmatic peace pipe is out at Sirtex Medical. The company announced it had been granted leave to amend its cost claim against Professor Bruce Gray, and said it had received a written undertaking from Prof Gray to refrain from directly or indirectly carrying on any business similar to, or competitive against, Sirtex's. Given the boardroom events of last year, this is a huge change. Meanwhile, Sirtex's net profit dropped to $1.6m (compared to $2.7m last period) although sales increased worldwide. The reason for the drop? Legal fees.

C3: all cashed up with nothing to sell

As we predicted in the February edition, investors are now running a mile from C3 after it downgraded its earnings forecast....

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