Cash loss of 27EU M more than wipes out any additional WEB BEDS expected increase in EBITDA which is in AU. I mean WEB can say " it will be treated as a one-off expense to the income statement" but the bottom line is that are losing a $43.7AU M in cash earnings. Unless I am not getting this right.. that is nothing to be flippant about ?
WEB Price at posting:
$11.11 Sentiment: Hold Disclosure: Held
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