From memory, the crappiness of the 1st quarter was largely attributed to the delay in rolling out the new series, so with that in mind I definitely think 9.35 mill is achievable.
I think if they got maybe $11 mill in sales it could be enough to base an upgrade - it does seem a big ask but it would be the sort of all the ducks in line, turn the corner result we have been waiting for.
As to you query from another post on why would YOW request a trading halt on a downgrade - my understanding is sometimes the ASX will request that a trading halt occurs to ensure an orderly market, if they think the announcement is significant enough. If ASX thought YOW was trying to sneak a downgrade out on the last trading day of the year, they may have insisted on a trading halt.
YOW Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held