Keep in mind Winner that there were only 62 million shares on issue last year so 16% more shares on issue now ! 2H FY17 sales projected to grow only 6.5% based on mid point of companies own forecast but on the terribly inconvenient truth of 16% more issued shares.
Speaking of awfully inconvenient...last years average exchange rates achieved as per 2016 annual report 92 cents Aust, 67.7 cents U.S. and only 45.1 U.K. pence.
Heck ! you think the current exchange rates might have an effect on export margins this half ?