As I mentioned above; - Currency gains of 1 million. - Nice increase in revenue - Disclosed restructure expenses that should increase returns 1.5 million - New CEO "cleaning out house" with an impairment disclosure, big clean out of 2.8 million.
41 - 43 million expected end of year revenue but to "afraid" to forecast profit - better to be surprised than disappoint I guess.
Given the 1.9 million loss they will be hard pressed to turn a profit for the full year.
Looks like next financial year for the profit turn around and share price adjustment NTA still very good.
ITD Price at posting:
6.8¢ Sentiment: LT Buy Disclosure: Held