The market consensus for FY15 is npat of $1.4m. That will be a drop of over 500% from FY14 npat of $7.1m.
Shareholders and potential investors need to be aware of that, prepare for it, and don't let the likes of you-know-who and others turn the final results into justification for their negative views of the company.
IMO the share price may continue to flatline until we get over the this final hurdle. If it drops back into the low 50s or 40s on panicked selling from the headline "Profit drops 500%", I will continue to accumulate.
IMO FY16-FY20 is where profit growth from expanding US revenues will reward patient shareholders.
NEA Price at posting:
57.5¢ Sentiment: None Disclosure: Held
