Remains to be seen how the new yet-to-be-announced ARR number looks in comparison to the last confirmed ACV number from Nov'22. If sales receipts & the new ARR looks really healthy then there might be some significant SP improvement.
Alternatively, if sales receipts have continued to be underwhelming during the Sep'23 quarter & the new ARR number looks substantially less than the Nov'22 ACV, then I suspect the SP might be inclined to go for an interesting journey well below 8 cents.
I'm assuming of course that Ian is going to be up-front & disclose the ARR number in the Sep'23 quarterly, however if he prefers to obfuscate through non-disclosure it seems unlikely the Market will consider that as a performance improvement.
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Remains to be seen how the new yet-to-be-announced ARR number...
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