Thanks for insight. Some numbers for you:
1. FY2017 Q4 EBITDA = A$34.20m
2. FY2017Q3 EBITDA = A$21.60
3. FY2017 Q3 & Q4 = A$55.80m
HOWEVER the FY2017 H2 EBITDA per the Financial Reports = A$39m. This differs from the QR EBITDA by A$17m so it would appear their are a number of significant items not being included in the QR EBITDA calculation which results in their overstatement of EBITDA.
Hence while the insight is appreciated it needs to be tempered with a more pragmatic fiscal reality in GXY's case.
Shorting a company one knows nothing about is not only risky but also fiscal suicide. I am not prone to indulge in such kamikaze activities.
Please DYOR
- Forums
- ASX - By Stock
- GXY
- Ann: FY 2017 Results Presentation
Ann: FY 2017 Results Presentation, page-76
-
-
- There are more pages in this discussion • 104 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online