Hi Woy Woy,
Well I think it was a rather level announcement. As you say not much new, however,for those on the sidelines, maybe another confirmation that the company has indeed turned around and showing this with audited bottom-line profits. Comments about the acquisition performing better than expected may be a hint. Sometimes incorporation of acquisitions can create a short-term cost. Comments of being very confident in exceeding previous profit forecasts indicates that we could be seeing profit upgrades. So many positives in there that may be taken positively and push the price a little.
In reality, wouldnt it be great if we could understand the psyche of the market?
Cheers
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