ADH 3.92% $2.12 adairs limited

Hi Hank,Their initial forecast for revenue, at the AGM, did not...

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    Hi Hank,
    Their initial forecast for revenue, at the AGM, did not include Mocka. If you strip Mocka out of today's results, ADH is a touch below and around the lower end of the original guidance for revenue. How that translates into EBITDA is another matter. But all up, a nice result-I was going to buy more cum-dividend at around $1.10, but decided to hold back. I felt vindicated as they fell to ~60c. But I did not buy any on the way back up! Oh well, all up I'm ahead, so gotta be happy.
 
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