I believe its prudent not to release guidance at this time.
Have you seen whats been happening to other stocks lately? They miss guidance by 5% and the share price gets smashed by 30%.
The market is being extremely irrational at the moment due to interest rate and inflation concerns and no sector is gaining traction currently apart from energy and commodities.
It's a good idea not to provide guidance until general sentiment towards the consumer discretionary sector improves which I am hoping should happen towards the back end of this year once inflation concerns settle down.
AX1 Price at posting:
$1.49 Sentiment: Hold Disclosure: Held
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