Hatless - a few of them...
Acquisitions
Possible Cap Raising
The Half year being weaker than expected (and it was slightly)
A few others too at the time - but getting into unfair speculation with no basis.
I am happy with that result - I can see the high operating margins and high ROA and big book value improvement on real numbers and not estimates. Not too many turnarounds do it with such high margins and ROA in the FIRST positive earnings turnaround period - normally takes 2 to 4 periods to reach the margins at the top range of their sector.
I like it.
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