Excellent half yearly report today, ahead of forecast.
This is an impressive result beating prospectus forecasts in it's first half yearly report after listing.
Announcement seems very positive and as I had mentioned in December, the hail storms in Melbourne had increased its bottom line.
We will see the same in the next 6 months with the huge QLD storms over the last couple of weeks. Events like this have a very positive impact to company revenue !!
Share price should get to the $1.50 mark for sure in the short term based on this result.
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- Ann: Half Year Financial Results FY18
Ann: Half Year Financial Results FY18, page-2
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