Quite different to Penno, isn't the new CEO.
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Message for new investors
This half year result just a blip on the radar on the path to long term riches
Remember Rome wasn’t built in a day
$A10.49 is the current match price on pre-market in Aussie.
NZ version only $9.59
Cross rate = 1.03
??
Phew looks like we hit the bottom today, unless ASX feels angrier than us.....
Just had a further thought. ATM def screwed up SML with margin but it is a minimum 5year exclusive supply contract and it is actually a valuable contract to SML. It has made the GP look bad for now but in a couple of years SML will still enjoy an increase in supply to ATM as well as an increase in profit. ATM has a siginificany stake in SML and I dont think they want to see a decrease in their investment.