The real net loss is going to be higher than company estimates
They are talking about ebitda losses rather than net losses, once you add back the other expenses on the ebitda line it’s going to be a lot higher,
As I said the other day, all that’s going to be left in the stock is mum and pops, instos are selling today and will keep selling till done.Without Insto buying this stock is not going back up.
Ann: Appendix 4C, Trading Update & Revised FY19 Earnings Guidance, page-18
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