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Would be handy if we beat our guidance numbers to help offset...

  1. 557 Posts.
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    Would be handy if we beat our guidance numbers to help offset whatever the take over costs were. Hopefully once that black cloud is behind us we will see a decent rise in the share price.

    For what it is worth, IDX set themselves a budget of around $6m to defend against the T/O. They spent $1.7m. Fingers crossed we our costs aren't too over the top.

    IDX FY18 Results

    "The lower statutory performance was due to the $3.1million in takeover response ($1.7m) and transaction costs ($1.4m). Before takeover response costs Statutory NPAT improved by 8.4%. IDX has only allocated costs directly related to external advisors and transaction related travel costs. The one off costs do not include any internal costs that would have otherwise been incurred in operations or business improvement."
 
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