Just had a quick scan, some initial thoughts:
- Revenue is $149m, lower than Morgans $161m target but higher than Bloomberg consensus of $141m- Net loss at -$18m, higher than Morgans -$11m target
- Significant reduction in cash holding due to net outflow from operating activities
Not sure how the market will react, but most agreed Morgans targets were a bit ambitious. Any thoughts?
Ann: Half Yearly Report and Accounts, page-2
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