Usual suspects out downramping.
Can't deny that a full cash flow positive quarter is a good thing. But also can't deny that a slow down in revenue is not so good.
However to say that the company hasnt warned of the slowdown in revenue is to have ignored all the companies comments on seasonality beforehand They have warned of this potential dip before.
The question is how long the dip will last for and the lead times and how much bigger next years production run for the warmer months will be.
Also really shouldn't discount the AUD rise over the last quarters effect on reported revenue.
Anyway, better to wait for the webinar. The disposable non-woven market is an entirely new product afaik and sounds interesting.
Ann: Appendix 4C - quarterly, page-55
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