So they're talking just north of $40m for the first half. Consensus for the year of $109m suggests something like $65m for the second half. That's looks like a very challenging expectation to me so I see the very real prospect of broker downgrades. Likewise average broker forecasts of $122m and $129m for FY23 and FY24 look very optimistic.
https://www.marketscreener.com/quote...64/financials/
I reckon the brokers and Nick have this one wrong. Follow the TA signals.
I'm keeping my WHS powder dry at this stage.
30 day MA looks like about $3.08 but 100 day MA is still $3.60 !
One thing to watch with the report is how much money they're throwing down the rabbit hole with themarket.com and what the losses are.