why ouch? Cash burn is reducing rapidly and revenue is growing with the major contracts expected to be delivering this calendar year following impact from bushfires and COVID over the past year. No surprises on this announcement given the updates to date. Looks like positive quarters lay ahead IMO and SP re-rate on its way later in the year - provided they deliver. There has to be some love coming to 1ST with all the hard work their team have been doing! I will remain patient until Dec.
Ann: Appendix 4D - Half Year Report, page-3
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