this looks a pretty good result to me. growth and directors sounding more confident of more growth - which tells me the second half must be going well so far. a lift in dividend and plenty of cash in the bank.
I think the market might want to wait for another good half before any significant re-rate occurs, but I don't see a lot of downside from here. keen to hear the thoughts of others.
Pental well placed, page-11
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