Yes I was wrong.
I assumed even if it was weak it would still be stronger than last FY- which it clearly isn’t.
I will take another look in 12-18 months when there is clarity on the various business streams and where they are going.
In the longer-term ie >2 years out I suspect it will be in good shape but it doesn’t meet my investment criteria right now.
Yes I was wrong.I assumed even if it was weak it would still be...
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