You're reading it very wrong - it is not "12% of revenue and 6% of profit" (that is actually illogical in a business like this). Refer my earlier post where I clarify that it is (as per the wording in the announcement):
12% impact on a full years revenue (not earnings), and
6% impact on current years revenue (not earnings) due to zero impact on the first half to 12/21.
Impact on earnings will be amplified beyond 12%pa if they can't strip out a lot of costs.
You're reading it very wrong - it is not "12% of revenue and 6%...
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Last
$9.49 |
Change
-0.020(0.21%) |
Mkt cap ! $1.715B | |||
| Open | High | Low | Value | Volume |
| $9.68 | $9.72 | $9.44 | $6.956M | 729.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 11092 | $9.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.50 | 1226 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |