Ann: Market Update - Japanese pricing 2020, page-4

Originally posted by Len

Mr Price said. "As a result, we do not expect to see any change in the underlying EBITDA forcast for the FY20 financial year of between $10-$14 million."

Now has anyone else noticed that
$10m EBITDA /Share Issue 87.34 million = $0.114 per share EBITDA and
$12m EBITDA/Share Issue 87.34 million=0.137per share EBITDA and
$14m EBITDA /Share Issue 87.34 million=0.16per share EBITDA.
Yet the SP is only $0.80.
Corona won't last forever. Long term bargain here.
At a time when most companies can't make any profit or rely on Government Job Keeper to survive, I am surprised that MWY is going unnoticed.

"At a time when most companies can't make any profit or rely on Government Job Keeper to survive, I am surprised that MWY is going unnoticed."

Nor will Midway be making a profit. EBITDA is NOT profit.