Timber7I had a bit of trouble understanding these figures you quoted so I thought I would mention it in case others had the same problem:"Very large write-off on plant and equipment. Otherwise a flat half yearly but at the same time, it beat guidance.Previous 1HFY13 guidance was: EBITDA (2.5-3.5)Actual 1HFY13: EBITDA (0.7)"I couldn't understand why an EBITDA of 0.7m was better than the forecast of 2.5-3.5m.I looked it up and see that both figures were losses so that the loss of 0.7m was better than the forecast loss of 2.5 to 3.5m.Certainly it was a brutal share market response early today in these circumstances when the result exceeded the forecast.GPASAS
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