NPAT for first half of year (5 out of these 6 months were on CDDS)was 4million dollars refer to half year report
NPAT for full year was 6.4 million dollars Full year profit-1st half profit = 2nd half profit or "The post CDDS profit" 6.4-4 = 2.4 million dollars 1.6/4x100= 40% fall in profit post CDDS
The dental industry average according to the MD was 20% exposure to the CDDS 1300 Smiles exposure despite Dental Member Plan was approx 40%
Second half profit down 40% on first half profit! And yet someone still bought 40000 shares at about 6.40 a share??????????? Guess they will be ploughing on in the workforce for a few years longer!
ONT Price at posting:
$6.41 Sentiment: Sell Disclosure: Not Held
