The results are a little bit worse than the guidance released last week.
- Cash flow still negative. $17.2m second half outflow.
- NIHL resolution levels "remain lower" but not enough detail here to explain brass tacks.
- No FY17 guidance.
It's a mess. What an overpriced disastrous UK acquisition. Obviously management are hyper-sensitive to forthcoming CA so not saying too much.
Trading today will all come down to the call with analysts and the detailed Q&A, but the full report just released disappointing relative last week's expectations.
Still theres a positive, limit on downside here because not going out of business yet.
The results are a little bit worse than the guidance released...
-
- There are more pages in this discussion • 710 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)