I think that most holders were expecting some better figures than this. Adding back in the non-recurring costs EPS comes out at about 2C a share which is below figures shown for first half 2019. They do need to do some homework on their margins for the second half to look really good. They have eliminated some competition in the industry so maybe margin improvement is more likely. Was worth picking up at this mornings low of 25c IMO. I am holding for the second half results - they must be better than this.
ACF Price at posting:
30.0¢ Sentiment: Hold Disclosure: Held
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