am i missing something!

  1. 3,918 Posts.

    Just looking over their announcements of late and I believe there 'MAY' be something missing.

    This is a quote from their Apr 3rd announcement -
    'Over the past three years the business has generated sales of more than A$100 million and the acquisition will give Tennyson a vigorous new revenue stream.'

    This is a quote from todays announcement -
    'The company has received confirmation that EDS had invoiced more than A$8 million for the first six months of calendar year 2003 and that these sales have been achieved on healthy gross profit margins.'

    Is it just me or does there seem to be quite a big difference from their original announcement to current accounts?

    Seems to me perhaps TNY tried to make the purchase sound better than what it actually was in the original announcement.
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