NPAT tanking and we haven't heard about what it means from goodwill impairment perspective but that's balance sheet and this is only earnings guidance so far.
The goodwill takes up a substantial portion of the balance sheet and without it, PGC is essentially negative equity.
So guess shall see what the net equity is for PGC by end of FY19.
Ann: Company Update & Earnings Outlook, page-33
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