A lot depends on their commentary in today's conf call. Having said that I won't be surprised to see sp with 4 handle next year....
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what's the link to the briefing. it doesn't seem to actually include it in the annoucnement??
edit: forget that...it's by telephone
Nasdaq listing what does that mean for us though? How would it work for us if we wanted to stay holding essentially a US stock?
They said they would remain listed on NZX and ASX post-any NASDAQ listing.
hold your breath....when ASX open!!
Yes, for now anyway.
And he also mentioned there's going to be a capital raise (US) in conjunction with primary listing in US.
One thing I liked in the conf call was the reference to flattening costs at the same time increasing revenue and GP margin. However, the head is expected to hit 400 from current 380 or so after which it basically flat lines from there.
That analyst from Craigs (Steven I think) had most of the questions and some good ones too. If anyone is their client watch out for recommendations coming through over next few days.