Debt increased Borrowing costs up 50PC Revenue down big time Gross Profit down big time
They are not even putting the % drops in its so bad on the statments donw by ernst and young
Profit after tax more than 50 PC down
told ya..more than 50PC..EBIT 945 to 471
Thi s is a company that has taken on huge debts and exploration, cant get the production right and whose earnings are more than 50pc down on the previous corresponding period
Even cash holdings way down
Stock is wildly overvalued IMO compared to its financial performance
NCM Price at posting:
$23.35 Sentiment: Sell Disclosure: Held