With the nature of recurring revenues being recurring, I really struggle to consider that the results would even be bad. With their delta acquisition forecasted to be EPS accretive and the contract sign with aware super, and more future growth opportunities to come. I feel like the business has only accelerated, and the last report states covid will actually help the accelerated growth going forward, with it only hindering the sales cycle in the short term. It also only states it’s POSSIBLE that the NPAT this year will be SIMILAR to last year. I’m not saying this stock should be rocketing to $6 again but I feel it’s pure insanity it’s dropped to sub $3. I just want to see these results already.
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(20min delay)