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jay , good post , a TU from me. However , do not confuse profit...

  1. Cornwall
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    30/12/10
    11:53
    Post #: 7669811
    jay , good post , a TU from me. However , do not confuse profit with revenue. The $ 7.7 million that you stated as profit is in fact gross revenue , from which must be deducted all expenses to arrive at a net profit figure .

    The 2 concepts are absolutely different and make a massive difference to any informed analysis . And, yes, I'm an Accountant !

    Cheers
    CCC Price at posting: 74.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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