I haven't had a chance to digest the reports yet but a couple of concerns from having skimmed through.
The below quote seems very bullish:
"We are expecting increasing EBITDA growth in FY22, in the order of a low double digit
percentage, subject to any material or unforeseen future impacts of the COVID-19 pandemic."
Would be interested to know how they plan to pull this off now that the sugar rush of the mesh case has been accounted for.
Additionally there is the following:
"[GOCF] includes an amount of $20.91 million (excluding GST) received in
respect of work in progress on the Mesh Class Action,
in respect of which we await the High Court’s decision."
There is clearly a risk that the High Court's decision will be unfavorable which would result in a loss of some or all of this $20m. To me (as a non-lawyer) this seems low risk but it is a risk none the less.
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