Released at 4:10pm

On a Friday

On the last trading day of the quarter when most small cap crappy companies with crappy quarters are waiting to the last second to release their crappy quarterly reports

I knew this would be negative the moment I saw it

There are positives though:

1. "Strong uplift in sales order intake with confirmed orders of $5.5m during Q4 FY2022. This represents the strongest quarterly sales performance since the onset of COVID-19 related business disruptions."

I just wish two things of any company's management:

1. Be conservative in your forecasts. Better to underforecast than overforecast.
2. DO NOT RELEASE DOWNGRADES at 4:10pm on a Friday afternoon.