yes you are correct Destra will save actual cash outlays because of benefit from tax losses. however as they have recorded losses in their accounts future NPAT will be subject to tax. Whilst this 6 months has been fantastic in changing the business direction still much work to be done on profitability. The actual eps for 6 months from the business was 0.56 cps - the rest of the reported 2.24 cps came from the one-off recognition of tax losses. Oscarone -hope this not too heavy and ..........EMI's novel ????
DES Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
