From p 12 of the AGM presentation:
Organic Growth (Excluding Withnalls)
• YTD Actual Revenue $5.6M v. PCP 2021 $6.1M -8%
That is "like for like" revenue declined 8%. With costs increasing = major decline in profitability....... And now is meant to be boom time for lawyers.
All this equals a major change in the composition of the board of directors and a share price correction.
Best
BSP
GLTAH, NFA, DYOR
Ann: Results of Meeting, page-8
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