Ann: 1H FY21 Results Presentation, page-5

I thought it was a great result. They have been conservative in estimates along the way and then over delivered which is exactly what you want in a business. Coupled to that approach is an extremely strong balance sheet and a market leading product, that’s a killer foundation. The use in construction for silicosis is a potential trigger for another massive growth in sales. I’ve sat through a number of pitches from businesses trying to find a solution to silicosis in construction sites. That would be a huge addition to a very successful company. Anyway, I thought it was worth buying some more so I did..

within the caveats on expectations for 2H performance there were numerous mentions of upside potential as well. These are conservative guys so I feel that they are quietly confident that there will be another strong result coming up.

strong business that’s well run.. market overreacting today and probably tomorrow too