Last years outlook statement was for at least 20% profit growth. They acheived close to 35%.
This year, their outlook is for at least 15% profit growth.
With current analyst forecasts around the 20% mark, I dont think anyone is going to see this as a negative.
Profit exceeds expections.
Work in hand exceeds expectations.
A capital raising has already been partially factored into the price, plenty of recent rumours hinting at it.
This market may well push the price down a little, but that will just create a great buying opportunity, imo.
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