ITE i.t.& e limited

ellaishaniI have to agree with your comment re a second half...

  1. Ocker
    10,373 Posts.
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    30/04/07
    15:10
    Post #: 2403135
    ellaishani
    I have to agree with your comment re a second half loss (and a full year loss)
    The press release says the only new income to be recognised in the second half will be about $1.7mio. Add to this likely income from recurring mainentance of about $4.5mio and you have income of around $6.2mio.
    Operating costs will be around $8-$9mio. Leaving a second half loss of $2-$3mio.
    The need for the new issue is now very clear.
    ITE holders will need to be patient for a bit long yet.
    ITE Price at posting: 0.0¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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