IRI 2.24% 65.5¢ integrated research limited

In July 2018, bad news on guidance was accompanied by the...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 11,207 Posts.
    lightbulb Created with Sketch. 700
    In July 2018, bad news on guidance was accompanied by the following comfort statement: "The result was primarily a function of the cyclical downswing in Infrastructure and an
    underperforming European operation. Though the result is disappointing, the fundamentals
    of the business remain sound with stronger licence growth anticipated for the new financial
    year. "

    So where is the comfort statement in the recent guidance updates? What does that omission infer?

    IMO from this omission alone, you would have to give higher odds to the future business prospects being different now to what was in the past.
 
watchlist Created with Sketch. Add IRI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.