Reason FZO has retraced recently is the same reason I gave a couple months ago that it would probably be weak after the next quarterly (ie the one just released), that is weak revenue (because of changed 'to market' model) and the market not understanding (or not convinced) that their will be a massive revenue uplift in early CY18.
OFC I retained the hope that hte market would be 'smarter' than that and realise all this, wishful thinking on my part I guess.
I still look forward to CY18 with enthusiasm. What the SP will do in the meantime, I have no idea.
Cdchi1
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- Ann: Education Update, Quarterly Activities Review, Appendix 4C
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