TRS the reject shop limited

Ann: Half Year Results Teleconference, page-19

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    CP, directors advisory is as follows:
    • 10 percent or more should be presumed to be material and therefore should be disclosed;
    • 5 percent or less should be presumed not to be material and therefore need not be disclosed; and
    • between 5 and 10 percent will require the entity to form a judgement as to whether or not it is material.
    If this had have occurred, it would have been announced already. So I'd suggest NPAT of between $14.4 & $17.6 million delivering between 17c & 21c dividend.
    Not long to wait, DYOR.
 
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