Mal, thanks for that number. I was $14m less at $125m, but within the margin of materiality. Could be less depending on forex adjustments which will be a negative for loan revaluations. Not sure how the changes in equity calculation will work out with significant assets in Malaysia and valued in Ringit which has devalued against the AUD?
Certainly much better performance than LY and also $20m lower than projections I have read from one of the larger broking houses.
Something is Wrong, page-18
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