Saw that. However I dont think adding it back in to profits is the right thing to do. Its not unusual or abnormal. Its part of normal business operations. They just signed an onerous lease. You cant really claim it back as they are just likely to do it again in 3 years if things start ticking back up. They always write dumb cheques when there is lots of money around. Then when it disappears they start looking at ways to cut costs. They should be always be looking at ways of cutting costs. That's what good management does.
This one I think is riskier than NWH. Similar situations but MAH could go either way. I dont see NWH as possibly going guts up.
MAH where to from here?, page-22
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Last
31.5¢ |
Change
-0.005(1.56%) |
Mkt cap ! $678.8M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 32.0¢ | 30.5¢ | $520.6K | 1.665M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45203 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 197382 | 1 |
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| MAH (ASX) Chart |