Shareprice not going to go anywhere in a hurry. I suspect a few will throw in the towel today and a downgrade or two will also be forthcoming.
Revenue will eventually come in flat and will record some $25M NPAT which is some 2c EPS.
That makes it some 35 p/e on FY 20 estimates and that's too expensive.
What a shame. I hope the market doesn't see it like I do but the results first four months in Metrics and Specialty in particular are very poor that no longer justifies the current FY20e multiple..
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