Ann: FY 2022 Business Review and Strategic Outlook Presentation, page-2

looks like PET got lucky with the impacts of the corporate difficulties occurring during the covid years.

revenue halved, costs massively increased, cash drain enormous.

is the coy set to recover now that covid is past?

will the orders be forthcoming when every country is battling inflation and higher interest rates? (this is particularly dubious)

have the financial costs of the scam finished and can we now expect much lower cost going forward?

so many questions having over the coy like a rusty axe, and so many possibilities..... but a business isn't worth a cracker if all we have is possibilities.

I put these points rhetorically and I'm ok with the current position really as the fundamentals remain in relatively good shape although the moat has dried up a bit.

I maintain a "buy" but don't take my word for it, dyor.