Well no surprises in the half year.
As I mentioned above;
- Currency gains of 1 million.
- Nice increase in revenue
- Disclosed restructure expenses that should increase returns 1.5 million
- New CEO "cleaning out house" with an impairment disclosure, big clean out of 2.8 million.
41 - 43 million expected end of year revenue but to "afraid" to forecast profit - better to be surprised than disappoint I guess.
Given the 1.9 million loss they will be hard pressed to turn a profit for the full year.
Looks like next financial year for the profit turn around and share price adjustment NTA still very good.
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Well no surprises in the half year.As I mentioned above;-...
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