Ann: Trading Update FY2024, page-4

I'm looking for an entry point, and this starting to tempt me. I held off buying after the half year report as I've found downgrades are oftener followed by downgrades. Although from memory the first 'downgrade' I speak of may have just been them using words like 'softer' and 'lower end of guidance'.

Still a somewhat attractive valuation with EPS of 6c in the first half despite second half looking to come in closer to breakeven (EBITDA forecast in the $36-42m range, similar to halves in FY22, on a now increased cost base). I'm thinking 80c and I'll be in, if it gets there.