Group revenue is already at $450 million for the first half and sales were down 1.2% for the first 11 weeks of this half. So the 1st quarter was still mostly on track somewhere around $150 -$200 million, if they can get even 50% of that for the 2nd quarter + stores starting to reopen it won't be the disaster the 60-80% drop in share price was predicting.
As to next year well who knows, public perception on the virus,quarantine and there own finances may or may not have shifted by July 1 we will just have to wait and see. I assume at this stage coming into Christmas this year that the world is getting back to normal
AX1 Price at posting:
$1.08 Sentiment: Buy Disclosure: Held
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