Hoping someone can explain as the announcement makes no sense to me.
They state the $6.7m NCML write down does not effect the cash profit. Yet in the next bullet point they state profit expectation of $19-21m with the reduced profit impacted by the write down and strategic review. This sounds somewhat contradictory. It also seems the strategic review must of cost a shitload.
This announcement is a can of worms.
Hoping someone can explain as the announcement makes no sense to...
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