IEL 0.20% $14.94 idp education limited

why sell?, page-17

  1. 4,567 Posts.
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    fixed costs can be cut - the main fix cost of their salaries have to be cut by 70-80% until the virus is over and remaining corporate spend like I.T and marketing cut to a bare minimum. no point wasting cash.

    Revenue will be zero as all the flights are closed. That i admit, but long term virus over will be fine.

    Last edited by Nige456: 30/03/20
 
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