ripper results, page-20

I'm pleased the webinar was positive in terms of earnings strength going forward. Due to its size this will likely always trade at something of a discount to the market. That discount will be acute while there's the perception (or in BOL's case reality) of earnings being inconsistent. The second half outlook cast some doubt on consistency. Comfortably beating the $5.5 million figure in the August update, then giving guidance that the December half will be stronger than this December half will see the stock price rise. We may have to be patient until then.

Reaper.