The summer has historically always done better, so until the next 6 months results are in, the uptick over the summer cannot be taken as trend. Quarterlies make unreliable trends at the best of times.
(I recall posters like cracker extrapolating quarterly trends to predict profitability arriving several years ago which obviously never materialised)
Of course when new info comes out it should be considered at the time. Until then the best we have is the recent annual report and more potential pipelines. But the fact that B.B. was talking about what might come in 12 months rather than what was coming in now doesn’t fill me with confidence about the coming 4C either.
But let’s see. Thanks for your post
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