(26 Jan 2022, 8:13 pm)streetdeckfan wrote I don't follow, Nexus are reducing the concessionary rate by 20%, so if that's 25% of GNE's revenue, then it would be 20% of 25%, so their revenue would only drop by 5%?Oh sorry, I withdraw my comment, I thought he meant reducing it by 20% to 5%, 5% is still a massive percentage.
Company make 50 million (pre pandemic), 2022, 70% which is 35 million, drop that by 5%, now down to 30 million.