AMX 4.35% 33.0¢ aerometrex limited

Ann: Half Year Results Presentation, page-9

  1. 5,833 Posts.
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    Remains a LT hold for me, with H2 the real tell tale. Key questions;
    - What changes does the new CEO put in / strategy review (in which everything is up for debate), or doubles down on current play?
    - What would a normalised aircraft / project processing cost base look like for this H1? It's up effectively 40%, and whilst not linear to revenue, appears to have added maybe another $500k of costs that could be considered normalisable.
    - H2 revenue profile.. really needs to be ~$12-14M for this to keep on the hold list all other things considered.
 
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