Revenue decline a concern, if management are honest hopefully we do see that flow through in the second half.
Other than that, if you are going to own a lumpy revenue business you want it to be one who can scale up or down with the lumps. Improving margins a good sign, cash pile continues to increase which is good and commentary (particularly EV comments) very bullish.
Will likely come off tomorrow, but could be another entry point like the last time RFT spent for growth.
All in all a little disappointing, I was hoping this would be the breakout result, but at least the future remains strong. Would be really nice if we got more commentary or guidance between results though, would take the edge off these surprises.
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Price($) | Vol. | No. |
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