According the management updates, the results should approximately:
#EBITDA (underlying) of $9.2 million (plus or minus $0.5 million)
#EBITDA (reported) of $1.6 million ($9.2 million less $6.0 million in Gold Coast ramp up less $1.6 million relating to acquisition pipeline expenses)
The key for me will be the forecast EBITDA for FY2017, which should hopefully be $12.8 million to $14 million based on the acquisitions. Great value on the forecast.
PHG Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held