"Excludes potential expenditure in relation to the realisation of the contingent liability relating to the retention payment to key personnel of up to $1.9m remaining under the Hofco acquisition agreement, which is subject to conditions being met. If realised this would reduce targeted EBIT by up
to $1.9m."
So EBIT is going to be lower than $10-12nill ( posted by someone on sharetrader )
Also who knows if the two contracts deferred wont be eventually cancelled.
Also they are going to restructure which normally involves unquantified costs until they decide what they are going to restructure and considering they only know now they need to restructure they can not have included these in there ebit forecast.
7 - 8 ebit last was 2012 when share price was 40c
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