re: Ann: Half Year Financial Report and Full ...
For the record, in 2008 VGH made $37.2m EBITDA on $110m in revenues. This indicates that approximately $10m in EBITDA has been lost in additional Doctor Remuneration, given revenues are largely comparable. Further, there has been nil growth since 2007, or over the last five years.
$10m EBITDA reduction represents a loss of around +$60m in shareholder wealth.
VEI Price at posting:
33.9¢ Sentiment: None Disclosure: Not Held