3 things wrong with this announcement.
1) Dropping a downgrade late on a Friday
2) Referencing an announcement without disclosing the actual previous forecast & thus not explicitly saying it's a downgrade
3) No explanation why Revenue forecast has been significantly downgraded.
Hate these underhand ASX announcements, do CEO's think investors are stupid?
Specifically state it's a downgrade & explain why, don't try & avoid the truth.
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