Yes I agree this annual financial result will be largely irrelevant.
I was quoting it based on market cap, and I think we may see surprisingly little dilution - but again, hopefully we will see some guidance on this tomorrow. Its peers also do not have anywhere near the growth options (eg buller project) BRL has, which I believe outweighs, at least to a point, dilution. BRL did provide EBITDA guidance last year, of NZ$12 to 13M (for FY17) - so I suppose it is this that we should compare FY17 to, and ideally they will provide guidance guide for FY18, like they did last year.
Ann: Company Update, page-166
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76.0¢ |
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Mkt cap ! $145.4M | |||
| Open | High | Low | Value | Volume |
| 78.5¢ | 78.5¢ | 76.0¢ | $10.64K | 13.72K |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6712 | 76.0¢ |
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| Price($) | Vol. | No. |
|---|---|---|
| 78.0¢ | 12266 | 1 |
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