Let's say Underlying EBITDA comes in at $15 million, the midpoint of the estimate.
That would be a drop of 17.2 per cent from 1H 23.
In FY 23, MTO reported Underlying EBITDA of A$55.3 million. I'm unsure why $37.2 million was generated in 2H 23 as opposed to $18.1 million in IH 23.
Whatever, as Reaper11 suggests, this won't be received well by the market. Perhaps the shares will drop 15 to 20 per cent today?
Let's say Underlying EBITDA comes in at $15 million, the...
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Last
$1.26 |
Change
0.080(6.78%) |
Mkt cap ! $92.99M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.26 | $1.18 | $121.8K | 101.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6500 | $1.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.26 | 4431 | 2 |
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| Last trade - 15.01pm 09/07/2024 (20 minute delay) ? |
| MTO (ASX) Chart |