That is quite interesting, thanks @VVX565
I might need your more experienced opinion to better understand how all those number fit together, and which are more important than others.
To my eye, it looks like a bit of a mixed bag really, with a few winners, and a few near misses, but luckily not many bad misses.
Although I expect it is slightly more positive than negative overall.
Personally, I expect the current numbers are deliberately conservative, so they can easily be exceeded in the future (but that is just my expectation, not my true understanding).
What will really be interesting is a review and comparison of those numbers at the next 6 month report, and then again the 6 months following that. That is when the true underlying value will properly be known, or not.
I am anticipating the numbers will improve considerably, and i'll be a bit disappointed (and perhaps poorer) if they don't.
From my point of view (which is mostly technically, but in a sensible and non-emotional way), someone or some group (or groups) are buying this stock. And at the same time the broader market is looking more positive than negative overall.
This is an important combination to have in the short/medium term.
And if all continues to go well over that time, then I expect a positive influence to develop in the market, probably a little before or maybe just after the next 6 month report, where price is defended by those buyers and is supported when supply is drawn out (supply - usually profit taking - is expected to be drawn out from time to time during any mark up phase), and there is positive commentary in the wider market (further encouraging buyers), and a 'buy the dips' mentality takes over (this is generally known as the the 'Mark Up Phase' - in Wyckoff terms).
No guarantees though.......as usual, everything could easily go wrong (the markets generally climb 'a wall of worry'), where the response would likely be for accumulated positions to be dumped, and it all turns to sh!t.........although that said -I reckon there is a pretty decent chance of success overall.
Finally, it is not very often a pretty big cap company is offered for sale like this, so I see it as quite an opportunity (for superannuation accounts, and longer term accounts in particular, but also for margin accounts and trading accounts if/when the mark up phase actually begins).
(20min delay)
