vicious circle, page-14

"GXY at best is more than 2 years away.
At worst GXY will never turn a profit."

Amateur hour is well and truly here.

Read the company FY presentation, though I presume you are deliberately ignoring it.
https://www.asx.com.au/asxpdf/20190228/pdf/44320wwqsf0166.pdf

NPAT AU $5m for FY18
EBITDA AU $80m for FY18

Also if you look through the Profit and Loss (Slide 9), they conveniently included AUD $65m in Depreciation and Amortisation, double the previous year. Smart move IMO. (They could have declared a much higher Net profit if they wanted to).

And in case you raise another furphy, these are excluding POSCO transaction. If you include them, NPAT AU $211m


If you're going to pick bottoms, get your facts straight.