I love all the points above that Defabstar has posted.
I'll be ecstatic to see two things on Wednesday.
1. A significant improvement in look-through operating cashflow, and the underlying interest cover ratio.
2. A statement from the auditors that there is no material uncertainty regarding CER continuing as a going concern.
I expect to be ecstatic about point 1. If I get number 2 as well I'll be dangerous to be around for a while.
I'm taking the view that the look through op cashflow is the ticket to fairer recognition of the NTA, whatever it happens to be.
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