The range they gave for Gwalia in FY21 is very much in line with FY20 actuals. If they achieve the lower end, they'll beat FY20 so your nitpicking is uncalled for. And as a SH, I'm happy they're being prudent with FY21 guidance. We've had miss after miss so if they've just set the bar with current performance but aim to beat it, that's the way it should be done IMO.
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- Ann: Quarterly Report Q4 June FY20
Ann: Quarterly Report Q4 June FY20, page-7
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