I missed the announcement so was not happy to see the share price down 60% but will not sell now.
My take
If EBIT is down from 18.5 to 8 (worst case) a 55% fall and assuming that flows through to NP then EPS will be circa 10c and pe 6.
Also NTA is 89c.
That does not mean a 60% drop
Will review in more detail tonight but gut is telling me to top up.