Sfh: worthless or trading at 2 times ebitda?, page-2

"Management forecasting a $17m midpoint ebitda, in press coverage says that includes funding and write offs for store closures, a critical point"

May i ask where that has been said? In the absence of contradictory evidence, i would normally read the $14-17m underlying EBITDA guidance as being prior to impacts of store closures/restructuring costs (in FY17, they stripped out $4.9m store closure costs for underlying results, and in FY16 they stripped out $1.9m restructuring costs, which suggests that if these costs recur in 1H18 they'd be given the same treatment).