I'm confused as to why the doubt on the full year results? Read the announcement on the 25th June, it clearly states a 10% increase to EBITDA to previous year (2019). Brokers have already adjusted recommendations / valuations accordingly. Morgans being one who have estimated NPAT of $58 million.
There is the question of a dividend being paid but I don't see much doubt on the actual result of the business or am I missing something that can occur in the last 5 days of the Financial Year. Seems an absolute no brainer from here. Victorian case numbers are declining, rest of the country is open, online sales were very strong through May & June as reported on the 25th June. Job Keeper still in play till end of the 1st Qtr 2021 FY. Worst of the pandemic is clearly behind us. Vaccine phase 3 trials results / news around the corner.
They have not been required to raise capital to bolster the balance sheet unlike other retailers (KMD) so I cannot see how AX1 do not pay a dividend and a massive chance its more than the previous year.
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