TPW 5.26% $9.00 temple & webster group ltd

They are targeting zero EBITDA in half two, when you do the...

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    They are targeting zero EBITDA in half two, when you do the numbers. Cash might have reduced a bit as well, even with what should be significant interest income. The CEO recently sold, as is his right. Now the market wonders if 1.5b at 3 times revenue is a bit too much for a loss making and possibly CF negative business (once interest excluded) in half 2. IMO.
 
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