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Ann: Trading update - strong growth continues, page-14

  1. CaptainBarnacles
    11,116 Posts.
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    06/07/15
    10:52
    Post #: 15585792
    What good news - the news is terrible?

    Dissect the numbers, AUD revenue is not on track to hit even $30m. H2 on H2 is up 23% based on revenue guidance, and last half was up 44% from memory. They need growth of about 30% in the next half - but why will that growth suddenly appear in AUD revenues? This will possibly be back at 50c or lower soon IMO.

    Good luck.
    NEA Price at posting: 62.0¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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