Interesting, the improvement seems largely due to the 21.6% reduction in Operating Costs.
Are you of the opinion that the reduction in costs was due a greater proportion of these fixed costs being offshore?
My take was simply that 7.7% of that was due to government assistance and the remaining 13.9% due to other (also probably temporary) cost saving measures such as salary reductions.
How is it evident that they now have a significant proportion of their fixed cost base domiciled offshore? If you're referring to the currency movements sentence I thought that might be just a nice way of drawing attention away from the government assistance. Maybe it worked.
SDI Price at posting:
80.0¢ Sentiment: Hold Disclosure: Held
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