Onshow I dont disagree with the fact that there is a significant hit to NPAT coming up in August however I see that as being factored into the current price. I cant imagine that there are allot of holders blind to the fact that VIC are pulling the pin.
What I dont think is factored into the price is any potential settlement with the VIC govt relating to the licenses its rescinding?? Numbers of $600m have been thrown around previously. Assuming $600 m it would almost halve the debt commitment. Obviously anything less will have a lesser impact however an impact none the less.
Will be an interesting time thats for sure.
Has anyone got the NPAT delivered by the vic poker machines handy? For some reason $180 m odd comes to mind but thats probably a blind guess and should not be taken as correct.
TTS Price at posting:
$2.59 Sentiment: None Disclosure: Held
