Come on, you're relying on A2M's forecast from today as if it's gospel. It was barely a month ago they forecast "strong revenue growth". I'd take today's guidance with great scepticism.
They are forecasting well in excess of $1b in 2HY. That's well above the pcp when there was a lot of pantry stocking. I think the company were looking at pigs outside their windows when they came up with that lofty forecast! The new COVID-19 continuous disclosure rules pretty much mean companies can say whatever they want and not attract liability.
Update FY21 Outlook, page-89
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$6.25 |
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