GREY:RNKLF - Post by User
Post by
Geodan2on Feb 22, 2019 1:33pm
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Post# 29400861
4Q will have big profit kicker,Extra $5 million profit,Acctn
4Q will have big profit kicker,Extra $5 million profit,Acctn4Q will have big profit kicker, the SEC voodoo accounting that generated a big fake loss on options, will get reversed out quite a bit. Maybe a $5 million extra profit as a result in 4Q. Have not done the math.
But: "The share-based payments expense of $8.9 million in the period was higher than the same period of 2017 by an $8.6 million increase in as a result of the mark-to-market adjustments relating to a higher market price for the Corporation's common shares on September 30, 2018 relative to the beginning of the period."
So extra $5 million profit seems about right.