Hi Folks - topping up looks a bit optimistic. I am a long term holder, but it does not look good. First half last year revenue approx $90M, margin approx $15M. Second half revenue approx $90M, margin approx $10M. Now revealed that revenue is approx same as last year, not helped by Aussie dollar exchange rate, and margin much lower. So there is an established trend with flat earnings (despite increased resources), reducing margin, and lower earnings per share due to dilution and exchange rate.
This could be a very difficult year to sustain anything like last year's great performance (although it was clearly tailing off in the last quarter). Cannot guess the EPS this FY, but it looks painful.
JMHO
Alan
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