What are posters thoughts on what SXE will release to the market, presumably on Monday morning?
Given the delay there has to be far more to the release than they have been awarded the Collie Battery contract that will deliver $160m of revenue before the end of 2025.
Is the delay due to qualifying the impact on FY24 profit (presumably minimal given less than 2 months to run) or more importantly FY25 profit? Are SXE crunching the numbers on company wide earnings forecasts given the raft of contracts secured over the last few months?
Is there a transaction now locked based on the need for additional headcount and expertise required to deliver the increased workload?
Given existing cash on hand, surely no need for a capital raise solely for working capital purposes.
Ann: Trading Halt, page-30
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