Fair point. Would further add that they started with a backlog of $95m and now backlog is $84m so their $33m win is actually $22m win.
Need to see backlog growing in the next half. Sales pipeline may have improved (we don’t know) but their backlog has shrunk.
Let’s see how they go over this half. Could just get there or knock it out of the park if they are to score some big contracts.
Unfortunately they don’t have the luxury of missing guidance again.
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