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Results are OK but FCF and an increase in net debt still a concern.
Being A LTH I am forced to hold for the promised up turn in 2025. There has been quite a few promises now and one always has to be wary of "jam tomorrow".
We live in hope and I would hasten to add that I am a genuine shareholder unlike some regular posters on here.
Yes a few juicy contract wins would undoubtedly help the SP. I do think however that this will rebound strongly in due course notwithstanding the negative influences at play here (POO and PFC)
As I do not possess a crystal ball it is a wish /hope.
I personally view the latest update in a positive manner. As Aucuba has stated cash flow positive late 2023.
Why are we all so negative? Unless of course you do not believe that the current management can deliver.
The market makers one could argue are being over cautious.