That is a real mystery.....they indicated that gross margins...

That is a real mystery.....they indicated that gross margins finished "slightly" higher, so that does not point to some sudden uptick in gross profit and the only other factor seems to be costs have been taken out (and I don't recall they ever having to look at that previously).

Perhaps they have a larger margin in the DAS business where they can capture a larger share of wallet from the customer, but that can't explain the bottom line given how small that business is......interesting.

1Q is traditionally the weakest quarter and with the 2nd half of the year being much stronger, the hope is that they build on this.....$24.6m is reflects EPS of ~10c so they will need to really deliver through the rest of the year to get to the 45c they generated last year.

Oversold IMO given NPAT is broadly unchanged from last year, but market sentiment was pretty elevated