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Ann: March 2022 Quarterly Report and Appendix 4C, page-5

  1. justicej
    181 Posts.
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    29/04/22
    18:30
    Post #: 61111734
    Vet only increased by 1000 students since June. For all the talk of cross selling and the big increase in sales capacity, it just isnt translating.

    All other student categories need to be growing much much faster to have an impact on bottom line growth.

    Thesis break for me happened last quarter, nothing in this changes my conclusion. Business might grow from here, but there's not enough to support that conclusion atm.
    RCL Price at posting: 25.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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