researchandwin......agree 100%
I believe the annual results in August will be the start of the recovery, and I believe you will see the SP push up hard between August & December 2016, however between now and July you will see very little appreciation in the SP.
H1 results in Feb. will most probably mirror yesterdays annc. and will not impact the SP.
Maybe an all clear by ASIC will give us a 20% bounce but that's about it.......
Other possible events , no Div will be paid and another Cap. raising to pay off some debt to give the business some breathing space allowing them to properly integrate the UK business and get it profitable as quickly as possible.
DEc. 2016 is when the longs will start to cheer again.....whenever patience is needed this is now the time.....
IMO
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