That’s extremely high level .....tea leaves AND tarot cards !!! Such an arsenal is bound to illuminate any blackout
Casting a light of it’s own on the overall picture AFR today said 39% shareholder, and acting chairman since the recent “abrupt” departure of Malcolm Bundey, Raphael Geminder , wrote down the value of some of the assets by $340 million and said times would continue tough based on a pullback in long-term growth assumptions or the Australian businesses.
“Rich Lister Raphael Geminder's Pact in $340m write-down
FEBRUARY 12, 2019.....
.........
...Pact also said that based on unaudited accounts, it expected earnings before interest, tax, depreciation, amortisation and significant items for the six months ended December 31, 2018 to be approximately $110 million. The full-year EBITDA was expected to be in the range of $230 million to $245 million
Pact at its annual meeting in November forecast full-year EBITDA of around $245 million after downgrading its outlook. Prior to the annual meeting it had forecast EBITDA of between $270 million to $285 million.”
https://www.copyright link/business...inders-pact-in-340m-writedown-20190212-h1b598
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That’s extremely high level .....tea leaves AND tarot cards !!!...
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