Anyone who expected anything different in the results are very inexperienced. A new CEO who they have appointed to sort this mess out is obviously going to clean up the balance sheet. All new CEOs walk in and out their stamp on the place and EML needed it.
We have to expect the financials will be ugly until restrictions on growth are lifted. Once Emma has the regulator approval then EML will shine. Keep DCA and this will come good down the track.
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