CEO Ryan O'Hare in Melbourne town yesterday, basically saying all is on track. As per their last presentation gross sales FY2005 $100M margin growth growing as expected towards 6% moving higher as they fine tune the Swiftel People tel merger.
Half yearly will be out soon reflecting the true profit performance not the cash flow which reflects seansonality and timing of payments and receipts.
Baillieu Lodge are not as stupid as some brokers out there hence their activity. Remember Thorney has a sizable stake in this company too. Not a bad shareholder to have!
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people telecom limited
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