I thought the outlook in the half-year presentation and conference call was pretty decent for EVT. Cash burn is very low. A bit of an unknown is wage subsidies especially in Germany.
When the blockbuster movies come (and EVT said it was a dream pipeline coming) it seems clear that movie-going will be back in spades and EVT will be churning out profits aplenty.
The strength of property markets and aim to sell off $250 million in non-core property will likely be the ballast to get it through.
Ann: Net Tangible Asset Backing, page-4
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