So EBITDA up $3 to 8mil to previous guidance and Profit before tax down $8 to $13mil so higher interest or D&A accounts for the decrease in PBT - hopefully a more conservative non-cash D&A - you would be forgiven for thinking the revised PBT figure is the reason for the drop in the share price today but plenty of negatives in weather-related events in Qld especially the number of cancelled flights. So all of the positive cashflow projected for FY26 will go to reducing a heavy debt load but there might be light after that in FY27 for shareholders looking for a dividend. We'll see if Vibumum Funds keep on buying - they have played a part is saving the share price by buying over 10% of shares on issue.
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