FYI.
1st half operating earnings were 11.08cps @ a weighted average of 1950.7m shares on issue = $216m.
Full year operating earnings are forecast to be 19.3cps @ a weighted average of 2344.4m (1950.7m/2 + 2738m/2) shares on issue = $452m.
Therefore, the 2nd half is forecast to be 452 - 216 = $236m.
So, even though the eps is lower in the 2nd half, vs the 1st half, total operating earnings are predicted to be 9% higher.
1st half vs 2nd half
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