I don't doubt that it will significantly reduce NPAT but the market is flying blind at the moment. Is it going to affect their bottom line by 20, 30 , 40 or even 50%. At some time, the market and shorters will push it beyond the point of reasonable assumptions and value will appear. Over the past month, this stock has been one of most shorted in the market.
I join the CAB ride, page-5
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