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Date Posted: 00:53:27 03/06/03 Thu
Author: Name: Wonder WomanDate: Thursday, March 6, 2003 at 7:47:34 PM
Subject: Hi ERG post-restructured NTA---Sabre figure71.981023892813

Your entry has now been added to the forum as follows...


Name: Wonder Woman
Location: Sydney, NSW Australia
Date: Thursday, March 6, 2003 at 7:47:34 PM
Subject: Hi ERG post-restructured NTA---Sabre figure71.981023892813
Comments:

Hi Sabre, I don't dispute, maybe my calculator is out a digit or so, not much in it I get 7.2376215531270742901748943505043--for the time being let us just 72c. (lol)
You seem to have done some precise calculations mine were done quite quickly in the middle of the trading day.
With the other question you have asked, why must I each time just simply go to the company announcement section to refute what you have stated on the BB? It seems like such a waste of time on my part, then you start asking yourself what is the point in having a BB?.
NTA has nothing to do with the company running at a loss or a profit, if you are knowlegeable enough to give a description at times of ebitda and other such matters surely we are all sophisticated enough to progress a little.
At least I am and my eductational qualifications are almost non existent.
With respect, if we can't get past basics, not only does it not say much for my qualifications, it doesn't say much for anybody elses either. LOL
Thankyou very much for your calculation.
--------------------------------------------------
Below is an extract from company announcement dated 6/3/03.
Regards,--WW.
--------------------------------------------------
Covering the period 30/6/2002 to 31/12/2002 reported 6/3/2003--the company announcement section states.
Operating cash flow before interest, borrowing, finance and one-off restructuring costs was $3 million positive, a marked improvement over the prior half-year which was cash flow negative by $23.7 million. This demonstrates that the Group's increased focus on cash management is having the desired effect.

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