Terrible result. the uplift was due to multi year contract renewal and extensions on the payments side, where they have booked the revenue upfront. This is from their presentation. outside of that the results look flat.
I bought back in at $2.20 when they updated guidance, but I was out at Open today.
If this was truly underlying profit at the top of the range then you would have seen a further jump today in the share price, but its down at the moment.
Ann: FY19 - Half Year Results, page-3
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