A2M 0.61% $6.52 the a2 milk company limited

Ann: Notification regarding unquoted securities - A2M, page-11

  1. 717 Posts.
    lightbulb Created with Sketch. 385
    Will do.
    Yes, it's true they are talking about normalised sales and eps. However, thing is we might never know what FY21 earnings would be used for the calculation of performance rights as all these "normalisations" will be at discretion of the BOD. So, the could normalise it to whatever direction they want.
    "EPS CAGR and Revenue CAGR are derived from the annual report of the Company in respect of therelevant financial years and subject to adjustment to remove the impact of such items as the Boardmay determine"
    "Normalised sales in respect of a financial year, are sales plus such additional revenue or income items less such unusual and one-off items (ineach case, as may be determined by the Board in its absolute discretion) based on relevant financial information reported in the Company’sAnnual Report in respect of that financial year."

    But, yep, there is no point to get upset. if this is what their performance is going to be those millions of shares won't be worth too much by then

 
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