Well there you have it guys. That's a complete disaster if ever I saw one! They blissfully gloss over the fact that they made less in the September quarter than they did in the September quarter last year
As expected, they are moving away from printer manufacturing to education software as printer manufacturing was never going to turn a profit. Under "September Quarter Highlights", every dot point relates to the acquisition of StemKits and its outlook. No mention of the manufacturing side of the business. They too, it seems, have given up on that side.
I hope you guys have some profits to at least offset the loss on this one My 1c price target before the end of FY19 is well and truly on target. It should reach it with plenty of time to spare.
RBO Price at posting:
1.7¢ Sentiment: None Disclosure: Not Held
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My 1c price target before the end of FY19 is well and truly on target. It should reach it with plenty of time to spare.
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