Ann: Boom Updates FY24 Guidance - NPAT to Exceed $6 million, page-2

Well, my expectations of a Profit figure starting with a "6" didn't take long to be confirmed! Per my post of about 4 weeks ago...


So now we know the "pass mark" i referred to in my earlier post is confirmed and I still think that they are shooting for a Profit figure starting with a "7". The upgrade to revenue (from $245m to now $240m) in my opinion makes that all the more possible.

As Automsime has presciently noted in recent days, there has been substantial insider buying recently and today's announcement confirms why. I would be very surprised if Mr Market ignores this announcement and we don't start to see buying pressure build in the next days and weeks.