ALC hitting new highs in the last few months. Almost 50c and $500M MC.
FY report released yesterday shows $26M revenue for FY21 and back to a steady $380M MC (36c).
ALC don't have nearly as much expenditure as MDR.
Is it easier to find revenue or reduce expenditure?
If MDR can bridge that revenue/expenditure gap QoQ, which they've shown between March and June, then $55M revenue for CY21 will be seen as the baseline.
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