Been meaning to put this together for a while. This 4c is a particularly bad result.
Looking back on the infamous $4.4m in adapt forecast, if WP had not hyped it so much the result for that quarter was actually very good, and excellent the next. But instead he used it to shoot the company credibility to smithereens. But it was a step increase, I'll give hem that. Shame really.
The upward trend is there, but to break even when you are losing $6m a quarter, is a long way off.
Ann: Appendix 4C - quarterly, page-61
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