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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