Some folk may have forgotten that the $6M dispute with Main Roads WA is in arbitration, so whatever the outcome is, that money would drop to the profit-before-tax line. Below is a table reflecting possible outcomes per share using a share tally of 126.9M shares.
$ million .. Before Tax .. After Tax
..... 0 .............. 0.0c ............ 0.0c
..... 1 .............. 0.8c ............ 0.6c
..... 2 .............. 1.6c ............ 1.1c
..... 3 .............. 2.4c ............ 1.7c
..... 4 .............. 3.2c ............ 2.2c
..... 5 .............. 3.9c ............ 2.8c
..... 6 .............. 4.7c ............ 3.3c
I have no idea how the wind is blowing on this matter, but for the want of a settlement number, I'll pick the number in the middle, $3 million. With an NPAT margin of say 3%, that is akin to securing and instantly completing a job worth $100M. Let us see what transpires.
News: BYL Brierty secured $30 million contract from Newmont Mining, page-12
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