a) PLT's actual costs of the bid are in the order of $475k. This is disclosed on page 66 of the Bidder's Statement.
b) PLT recorded an unaudited operating loss of $2.36million for the March quarter?? This is disclosed on Page 30 of the bidder's statement and is a pretty big number! Broadly in line with the run rate from the last half, that TTH thought would be much reduced this half.
TTH - What is your guess as to the cash balance at 30 June with the benefit of these two data points??
FER Price at posting:
10.0¢ Sentiment: None Disclosure: Not Held