J
This IS an example of telling the story to the market.
The question is do you believe it !
The August data will only reflect the current figures.
My take is :-
Revenue down = losing customers
Profit before tax down $1.7m = effect of fixed costs
Profit after tax down = possible investment in systems of $1.5 m [ less redundancy costs ]
Aim is to regain market share.
It will take time. [ its not a matter of put down a drill hole and hit 150m of 3% Cu ]
Ann: Trading Update-COO.AX, page-7
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