Its good news but cost cutting and FX movements as stated in the announcement isn't a sign of growth.
Is majority of this actually FX Movements?
$40m of contracted revenue at the end of Q3 that's $4mil just in FX movements? Maybe the CFO has just had some luck on his side to make the bottom line look better. Had it not risen like it had where would that leave their Breakeven targets?
I'm still following closely and its had some great strength of late but cant seem to work out why, always that thought of another large contract to come in but seems illusive.
Its good news but cost cutting and FX movements as stated in the...
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| ALC (ASX) Chart |