Hi KT, I hope you and fellow holders are doing okay, Everyone seems to be laying the boots into you and its not right.
I am trying to work out how our Enterprise Value is now lower than our Debt, our debt should have dropped due to the GBP v AUD, FYR 16 it was 1.78 now sitting at 1.62, Total debt should be close to $700mil AUD unless I have calculated something wrong.
SGH also had 86mil in cash at FYR16 so they should be able to pay for all of the interest and one off costs,
Hopefully the HY results will shed some light on what has happened.
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