"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.
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