Still have not understood the entire thing to my satisfaction
Quote:
Originally Posted by
Jantar
But if you are going to subtract the property revaluations then you also need to remove the other costs associated with those revaluations. Fortunately OCA do that for us on page 14 of their presentation and show underlying NPAT of $13.4M
You have misunderstood page 14. Take the property revaluations out and you are back to a loss.
Then add in the expensed transaction costs and it is possibly break even.
tj - I got on the register today and I am in profit - but not enough to pay for drinks yet.
Best Wishes
Paper Tiger
ODT article with interesting comments on outlook for FY19 & 20