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| | Australian IT - Strathfield losses grow (, JULY 28, 2005) |
 | | Strathfield said its full year loss could be up to $7.5 million, not including an additional $3 million loss that will be incurred if an alternative payment plan for a receivable owing to Strathfield is accepted by shareholders. |
 | | Strathfield said sales for the year ended July 3, 2005, were 4.4 per cent ahead of last year, with a 2.6 per cent increase in comparative store sales. |
 | | Strathfield also announced that it has received a proposal from Arthur Philip to arrange the subscription for up to $5 million in convertible notes to secure the payment of the current series of convertible notes falling due on December 31, with the balance of funding to come from cash flow. |
| newsit.com.au /articles/0,7204,16076063^15316^^nbv^15306,00.html (481 words) |
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