Expenses far exceed income and that is why they have big losses. In the last half year they were able to write down $130 mil as a gain against the forgiven CN debt, which resulted in a half year profit of $80 mil.
Operating expenses and revenue were an identical $430 mil. Those expenses contained some one offs, but refinancing fees, higher borrowing margins and interest rates could replace those. They need to have a canyon between income and expenses and the current business model does not allow for that IMO
$2 PARTY, page-2628
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Last
$2.42 |
Change
0.010(0.41%) |
Mkt cap ! $3.159B | |||
| Open | High | Low | Value | Volume |
| $2.43 | $2.44 | $2.34 | $24.73M | 10.29M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 236373 | $2.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.43 | 219576 | 25 |
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