They're not losing money, as they have stated in a number of their presentations, FY25 was about setting themselves up for future growth. They've spent more on capital growth this half year than they have in the past. Even the headlines point out that - on normal parameters they've made a $860K profit (compared to a $1.1M profit for the 1H2024). So still tracking same as last year, but with a bigger pipeline for the future.
Doesn't help when everyone else starts to panic though, but as has been stated above, a 25% black Friday discount.......if you believe in what NS is saying he can deliver. He hasn't disappointed us yet.
FND Price at posting:
$5.83 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)