Underlying has been used for years - underlying just gets lower & lower ( until we are buried?)
Now we have regulatory headwinds & closure of markets also in the Q & A Business ..
From Agm presentation:
"Q&A business - flat revenues in FY18, softer than expectedperformance in the first four months of FY19, costs being reduced bythe integration of Artificial Intelligence (AI) and Business Intelligence (BI)technology. Revenues expected to stabilise in future with new productsand new geographic markets.
Directors fees cut 10% - notional - no where near what the cut that should be given the market cap and value destroyed
Market Cap - now only $5m - able to achieve refinancing on that- oustanding now half market cap? BOD you better be ready to raid your personal money box & but put up an interest free loan...retail shareholders gave their thumbs down at the last cap raise by not supporting the target raising
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Ann: Appendix 4D and Half Year Report, page-7
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