Share price down over 12%... so actual EBITDA is going to be just $9m for 1H19? And to think a year ago they were looking at $36m EBITDA for FY19 and $260m revenue... Likely not much of a NPAT for 1H19, what impact will this have on the dividend?
The chinese won't be happy... their investment is close to halving now, lets hope they don't start dumping and instead be tempted into doing the opposite - take over at 60c, maybe up to 70c if you're lucky.
Ann: Company Update & Earnings Outlook, page-6
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