The sale of Homeground doesn't change anything if the business model is ****ed. Cash hasn't been an issue as far as we're aware and yet they're barely making money before overheads. If they use the hypothetical sale proceeds to buy a different profitable business unit that's one thing, if they sink it into current projects and similar then they're quite literally throwing money away until they fix the fundamental issues driving the low margins.
Ann: FY22 Guidance Update and Management Changes, page-16
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