GJT galileo japan trust

In the announcement today NPAT rose from -$3.5 million to $3.9...

  1. 460 Posts.
    lightbulb Created with Sketch. 1
    In the announcement today NPAT rose from -$3.5 million to $3.9 million.

    That's $7.4 million.

    The only expense that could magically change would be the Dubai impairment which sat at about $10.9 million.

    Therefore, can we assume that the impairment has decreased to $3.5 million? Now, no notice on whether these are actuals or a better worst case scenario and revised impairment. An actual 3.5 million impairment is disappointing, but still removes a great deal of risk, and the need for more funds by another raising.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.