The revised guidance from 1.7 MWmt to 1.5-1.7 is new.
since they’ve already shipped about 0.46 this year that equates to about a 25% reduction in what’s remaining. It wouldn’t be a worry if either there were any ships on the horizon, or if the previous downgraded guidance (from 2.0 to 1.7) hadn’t only been 4 weeks ago. Do you still have faith they’ll make 1.5? And if not, how much faith do you have they’ll make any of their other projections. Long term they’ve still got a future, but I can see why this is not well received.
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- Ann: December 2021 - Half - Year Financial Result Cover Release
Ann: December 2021 - Half - Year Financial Result Cover Release, page-9
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