This is just more of the same conversation which we all know. No surprise, but by rather just ‘stoking the emotional fire’ by the author with the article’s title. The adjustment from fixed to consumption pricing was no doubt increased during COVID as organisations sort to streamline costs during the uncertainty which we are now slowly coming out of. The adjusted forecasts have also been provided to the market with a new lower/upper threshold.
The major point of the article in my view was the outstanding legal case with the ex-CEO. I will be watching intently today for any update from the Federal Court proceedings. A favourable outcome there should provide a nice bump in price.
This is just more of the same conversation which we all know. No...
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