Insurance claim considerations are relevant to what point? I can see they have written down some $330M due to the weather event but how much of that is really claimable? If this dog ever becomes profitable it will not pay tax for a long time, thats one bonus, if it survives that long. Could limp along if debt could be eliminated but I only see that possible with swift insurance payout or government intervention, which are both pies in the sky right now. Destined to become a nano-cap in short order with this rate of balance sheet destruction. AusSuper clearly has no idea what it is doing, what kind of people invest working class retirement funds in this way?
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