Hi Warren, what do you think they mean by earnings 60% less than management? As far as I can see management have only guided to EBITDAW level surely they cannot mean 60% of that? It would be so far removed it would be the end.
I'm assuming they must mean 60% less than analyst forecast at NPAT level (due to impairment?) but then management haven't provided guidance to that level - confused!
P/B Ratio is currently 0.23, page-32
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