Ann: AGI Release re Trading Update, page-7

Had a closer read of the update and took a closer look at the numbers

FY 17
First Half = $19.95 Million
Second Half = $27.00 Million
Total FY 17 PBT = $46.39 Million

FY 18
First Half = $11.83 Million
Second Half = $30.47 Million
Total FY 18 PBT = $ 42.32 Million

Update estimate of FY 19
First Half Estimate = $8.00 Million
Second Half Estimate (at least 75% of first half) = $14.00 Million
Total FY 19 estimate PBT = $ 22.00 Million (vs the $42 M last year)

Have I read this right? Does this look right? Have I made a mistake somewhere??

I keep looking at the estimate of the 2 half of 2019 and it looks like a complete collapse compared to last years second half.

Why are the shares only down 7% today??????