Definitely not ignoring the facts, unless you have knowledge that the market doesn’t the business confirmed lower end of the forecast in Feb which must have been due to foreseeable sales for the rest of the financial year.
What and where were these foresable sales to bring them to the lower end of the forecast? Only management know and you are only “assuming” they wouldn’t have made them if COVID wasn’t a factor.
Unless you have facts your assumptions are all it will be.
Based on the “facts” the company had put out as of Feb 2020 there is no reason to believe they wouldn’t have hit the lower end of their forecasts as they had stated.
As for negatives you failed to see the ones I have expressed recently.
”Market still yet to wake up to AS1 but agree they could be telling the story a lot better then they are. More information needed on sales channels, exports, premium branding plans etc to get the market excited about the business.
Its the only thing missing from these guys, other than that the operational and farming side of the business is second to none id say.”
Ann: Quarterly Activities Update & Appendix 4C, page-39
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