NOD failed to generate any icome for years and now this. what a joke... just wait when the insanity settles down and directors start selling ... just to remind you of the reality announced 28Feb2015: excerpt:
- 59% reduction in revenue for the McGrath business compared with the Half Year FY2013.
- Impairment of Goodwill of $15.1m in the McGrath business
- EBITDA loss of $5.1m for the Nomad Rental business
- EBITDA loss of $0.7m for Nomad Eastern States (discontinued operation)
- impairment charge of $0.4m on the Derby Houses in the Rapley business resulted in an EBITDA loss of $0.3m.
- Cash flow from operations was negative $4.1m.
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NOD Price at posting:
7.6¢ Sentiment: Sell Disclosure: Not Held
