GAP 4.00% 13.0¢ gale pacific limited

Ann: Market Update, page-28

  1. 3,482 Posts.
    lightbulb Created with Sketch. 99
    Reduced portfolio allocation to this company today from 0.5% to 0%. 70% return over 5 months. Happy to lock that in.

    In the outlook when they say...
    image.png
    Thats a pretty easy hurdle to reach considering...

    1H19 revenue $67.8m
    1H20 revenue $62.3m    (down 8%)

    1H19 NPAT $1.4m
    1H20 NPAT ($2.6m) (down 282%)

    So its a fairy floss outlook statement IMO
 
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