How ? 1H19 Revenue was $130m that includes 25% reduction revenue due to SAMR delay & management anticipate full year Group Revenueto be $275-300M. As per the report out on 27th Feb 2019.
Since then SP climbed from $8.09 to $11.94 by accepting $130m Revenue for 1H19.
Now Organic formula doing much better domestically & surely revenue looks to be increased for 2H19 & they will surely meet full year guidance of $275-$300m.
So how can you say that, they won't meet guidance ? Just Curious
cheers J
BAL Price at posting:
$9.00 Sentiment: Buy Disclosure: Held