Just affirming their target which gives the market and investors the warm fuzzies and who knows they may just exceed it. I think there is good value at these prices
Didn’t they say most of this back in January ....anything new?
Must be worried about the declining share price ...needed to put something out to give it a boost
All good though ...great news ...meeting IPO forecasts ...should give everybody the warm fuzzies for a few more months
Reading between the lines of both announcements, in Jan at half year results (where it became evident they needed a rather good 2nd half) they said they are aiming for it... now they are saying we have basically got there, and will probably exceed it a tad.
Underlying profit forecast is 8.42 cps. At 99 cents this puts them on a forward, (soon to be trailing PE) of just 11.7.
Momentum building and they have a stellar reputation with late stage care. Hmmm. Question: What does a budgie say
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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