Yes - this loss was caused by funding an expansion into US.. i.e. progress.
Check out the segment info as at 30 June 2019 showing AU in a profit & US being in a 1:1 loss (remove listing costs to normalise)
then have a look at the prior year 30 June 2018;
AU profit is 112k and US is 250k (1:2). Looks like they're progressing here.
US is an expansion strategy that i'm happy for them to pump profits into funding.
That tells me enough about where we're headed 30 June 2020.
I'm loading up.
Yes - this loss was caused by funding an expansion into US.....
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