GNS gunns limited
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real good announcement, page-12

  1. zwu
    2,454 Posts.
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    12/06/10
    20:55
    Post #: 6799640
    (Sorry - Re-post with obvious corrections.)

    A question.

    GNS has made $20m EBIT adjustment to raise the expected 2010 EBIT from $30-40m to $50-60m.

    But on the other hand, it claimed, "... we expect to book a positive after tax profit adjustment of approximately $90 million for the year ended 30 June 2010.

    My question: how a $20m EBIT adjustment would result in a $90 million PAT adjustment? Aren't they contradictory?
    GNS Price at posting: 50.5¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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