haha. All that this means is that things are rapidly changing and definitely not a reflection of the capability of analysts in house. Who would have thought that Russia will invade Ukraine? Who would have thought the floods will hit NSW and QLD? Who would have thought COVID is still around and internationals (cheaper farm labour) are not returning as quickly? Even if I am the key analyst in there, I would have not foreseen these events. One would hope that these floggings would mean that their FY23 numbers are more conservative.
also good to see at least their FY22 numbers were intact given there was still two months to go from when they released updated guidance.
Ann: Trading Update FY2022, page-95
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