Turning point for TRS, page-3

I hold the same sentiment. The forecast NPAT was confirmed as being for 1H FY18 only. You can add whatever they make in the 2H on top of that. The inference is to expect TRS to be substantially more profitable this year than last.

Given a large proportion of the share market is reactionary i.e. buy when the SP goes up, sell when it goes down, it is to be expected that there could be a delay before bidding for TRS starts. Sometimes it takes a broker rating to give the market the buy signal. This also takes time.