Patersons confident, page-27

Same thing happened to NearMap NEA expansion into USA to go after $50 million revenue at cost of $8 mil pa, and shares were dumped on announcement. Strong local earnings mean nothing to short term traders if a good company like iiNet wants to sacrifice short term earnings for long term growth. TPM [TPG] slumped too on iiNet result and sp movement because they have a strategic holding in iiNet. go figure all companies have strong growth projections but short term market makers will punish them