The graph on the presentation is cumulative - the same way the sales and projections have always been presented. So there has been no change in the guidance by the company. It could definitely be labelled better by the company.
And anyone who has followed Mark for years knows that he always under promises and over delivers. It will be no different this year.
The presentation also makes it clear that we can expect a leading Australian Telco plus another overseas Telco in FY20. The presentation confirms that discussions are underway for new European markets.
These new institutional investors are great news. They are very smart and have had some great big winners over the past. No reason to think their stock picking skills have changed, so that is great. (Do some research on Thorney's investments and you would will see plenty of 5-10x returns on investments.)
Cheers
Marv
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