A very distorted set of accounts with the accounting changes & the EPS worked out on a weighted average number of shares that doesn't fully represent the impact of the option conversions.
EPS in 2019 will be dragged back with a uplift in the weighted average shares in issue plus the potential profit impact of the SACC divestment is unknown. Interesting that there is no guidance on PAT, which probably is fair with the unknown.
$96m of funding should give the revenue number a decent uplift, will be an interesting year.
MNY Price at posting:
$2.13 Sentiment: Hold Disclosure: Held
