Result clearly not in line with market expectations. SP down 3c in early trade. TTM P/E is now about 9 (if 2nd half proves to be the same as last year, then forward P/E is also 9).
Good to see costs have come under control and gross margin now being maintained. It looks like they have steadied the ship. I do hope that they proceed with caution with plans to add further stores.
Result clearly not in line with market expectations. SP down 3c...
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