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7,648 Posts.
6928
25/02/21
09:17
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Oh dear.
A $76.5 million first-half attributable net loss, compared to a loss of $28.9 million a year ago.
Total comprehensive loss of $128.3 million, from a loss of $31 million last year.
This is a company going backwards on earnings and whilst underlying sales rose nicely, its net income only $372 million, well under expectations.
The company will be in a trading halt until Monday due to a capital raising.
Priced for more than perfection and coming up short.
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