Looking at the results relative to the recent share price performance, It sounds like their half-year came in better than expected.
I believe the market was expecting an EPS of some 5 cents a share, but they made over 6 cents a share.
I am also expecting that the market will be happy with their immediate plan of action to turn the situation around.
It is fair to assume that the bottom is now in at least for now
All the best all
Cheers,
Ann: 2024 Half Year Financial Results Analyst Briefing, page-4
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