thanks Spider for your insights........my view is that a lot of the PDL's were added late in the financial year (last 3 months) and hence the liquidations wont show up until this current financial year.......that combined with various one offs (including the $4m moved from fy22 to fy 23) and the writing down of the PDLs (hence reduing future amortisation) as well as the writeback of the DTA should make FY 2023 a much better year...but I agree that the next report will show us a lot
PNC Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held
