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27/02/18
15:46
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Originally posted by pear
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Hi yst
"Ive a feeling thats the case too, that report is a real mess.
To swing from net profit of +$844 to net loss -$1,249 million is a frikking $2 bil difference.
700m worth of impairments and some tax stuffs of 230m. Someone is def losing their jobs there for sure."
No please! No more sackings! It is costing us a fortune! Read this morning's "age."
A 2 billion turn around and our esteemed leader get cut with 7.5 millions. Read it again. The company has a turnaround of $2 billion dollars and the man responsible for it get paid $7.5 millions to walk away.
Oh, but its OK to cut dividends - they flagged the loss in February! Thank God, that makes me feel real good. Thank you to the person who posted that.
Pear
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It held today, so I could be wrong lol, u never know with these bluechips on 70% margin, big boys game.