With Hawthorn being sold approx 25% of assets then i would expect the variable overheads to be reduced by a similar % so the CFO moving on is that start of those costs savings. I just hope they start looking at removing fixed costs like as office space and wfh is more accepted now. it will be interesting to see the detailed p&l t the end of March 22
per statutory account 31/12/19 there are 766,295,613 @25p therefore share capital is £191.6m 766,295,613 * sp @31/12/19 per lse 308.7p gives a MC of £2.365b
It will be interesting to see what the trading update shows especially given the price of oil, that more than covers the £7 loss per day. Something seeks array with whats going on...