MTO 1.45% $1.76 motorcycle holdings limited

2023 numbers you posted were underlying EBITDA, this update is...

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    2023 numbers you posted were underlying EBITDA, this update is straight EBITDA. I intially thought they had adjusted for takeover costs in underlying adjustment, but perhaps not. So comparable EBITDA for last half was 21.8mil.

    So I think your interpretation is incorrect, and the result is as badly impaired as I thought. However, I'm not 100% sure would be good to see clarification on these numbers, because the difference is material.
 
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