Tanny,
My guess is they will drop 100M in this half, including 50M in goodwill writeoff.
This will leve them with NTA of $40 - 45.
Not good but could be worse.
the bank's may install a cash sweep and stop distributions.
On the bright side first home buyers have picked up so second home buyers can now sell theirexisting homes to first home buyers, unless they live in Rvensthorpe.
Ann: Business Update , page-3
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