theEBIT6.5misagainonlyaforecast(theyhaveatrackrecordalreadyofunderachieving)anddoesn'tincludeoneoffcashitems(soitsBS)asusualThey only have to inform the market if earnings will be materially different from market expectations. The delayed start was only one contributor to the earnings downgrade. The ASX suspension and the SWIFT operational changes appear to be more significant.
ISXhavealwaysknownwhentheystartedasTier1yetneverdowngradeduntilDecember(moreBS)fromabove
monthlyEBITof$2m????Where?Ohnotanothermadeupnumber?
CashFlowpositive?Reallyhowso?
GPTV is forecast to be flat for November and December due to the impact of the ASX suspension and the SWIFT operational changes announced on 6th December 2019.
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