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I don't like the asymmetry in adjustments here. They take out...

  1. Zissou
    1,794 Posts.
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    26/07/18
    08:41
    Post #: 34567480
    I don't like the asymmetry in adjustments here. They take out $1.1m of expenses that they don't like but leave in the $1.1m gain on sale. If you were hard nosed you could make an argument that the adjusted NPATA number should be $2.2m lower as acquisitions are part of the business model going forward.
    MPW Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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