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That’s a fair question to ask I reckon NZ T,
Because WYN are just so totally far oversold it may not take much of a spark ay, being down from $3.12 on a sentiment curve / cycle.
Just meeting revenue guidance at $28.5M, which would be an all time sales revenue high for Wynyard, would probably just do the trick, reporting’s not until Feb though.
In the meantime, a presentation including a suggestion that cash burn is dropping to plan would do it for the insto’s I reckon, they would be in on that.
It depends on the type of sales announcement also, if their partner in that conditional governmental contract finally signs up for $27M, then BOOM I reckon.
Last update was,
“None of the large deals in our pipeline have been lost - we’re making good progress but wish to be cautious in setting market expectations.”
“The conditional government contract announced early January 2016 ($27M including $14.3M in software licence) continues to progress but has also been excluded from guidance.”