I really dislike companies that provide lots of oblique numbers in the finance and corporate section. All of that assists the analysts and the big end of town who can probably get a direct pointer from management as to how to decipher it for costs etc. Competitors will expend the energy and effort to decipher it too if it is important. Also the big end can pay for information on current pricing etc. But the retail investors who do not qualify for such VIP treatment can easily gain mistaken inferences.
I think that specific kind of opacity is a bad sign for retail investors. How about they tell us the unit costs adjusted for cap ex and one off repairs, and the prices received, so that we can be in the know as well?
I'm just saying what I think. I think some directors need to come in who are on the side of retail investors - since there is such a high proportion on the register.
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