Market looking at what will probably be a first half shocker. But they are confident of a strong second half, and if they deliver on this I think the market may reassess the growth profile. Continued traction in the US seems the key.
I like the way they have been rationalising and focussing the business, they seem to be really trying to "work their niche".
It's debt free too if you net off the cash, and I get a 9% fcf yield, so I agree -enough buffer at 34c.
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Market looking at what will probably be a first half shocker....
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