Great announcement however its what I already thought re revenue. I'm pretty sure they've said on more than one occasion that any work done regardless of being in a pilot or not is profitable with appropriate margins. Anyone saying otherwise is trying to downramp IMO. Not to say that because of these margins we'll see a big uplift in 4C figures but as work is completed under the pilot it will be profitable work, if that makes sense. With our new appointment (who was all over our pilot participants), it bodes well that our pilot is not only going well but our relationship is deepening. More validation IMO.
Interesting to note there was no further mention of the acquisition progress. Could mean its cooled a bit or a separate announcement is imminent and they can't say anything about it being so close to deal signing.
Certainly plenty of smoke in this announcement. Wouldn't want to miss out when the fire is announced!
Ann: CBA Update and Key Intiger Appointment, page-12
Add to My Watchlist
What is My Watchlist?
