"expect to deliver revenues of more than $82m, with five months still to run, for the full year."
I find it very interesting they write the second part of this line here. It's completely superfluous, right? Why write it?
I can only speak for myself. If it were me and I had said that, it would probably be because we were already at or very very near the $82m already. This could include contracts currently being worked/delivered that are 99% chance of inclusion in the current period, leaving extra capacity afterwards.
The second part of that sentence makes the whole statement far much more bullish.
When I bought a short while ago at around 40c I said I think we would get to around 70-80c by year end. That's kind of happened, but I haven't sold. I think we have plenty of upside from here.
XTE Price at posting:
73.5¢ Sentiment: Buy Disclosure: Held
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