Their forecast ebit was $5.5 - $6.5, so lets say $6.0. Interest in the first half was $2.2m, double that (and then some given rates have risen further) and you're left with max of $2m. Either way it doesn't go far between 420m+ shares.
Agree the trend was looking good, final quarter EBIT of $4m and US is profitable again.
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