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Ann: Q4 FY21 - Record Results Building on Global Momentum, page-357

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    Yes, it was 7% below the bottom of my band and 12% below the mid point of that band. I have already said that my expectations were clearly too high. My TTV band was $2b-$2.25b - also too high. I was very clear that my forecasts were bullish when I put them forward, but even after factoring that in, I still believe that the results were underwhelming. Prior to market open I said I thought this update would result in a short term sell off.

    I disagree that your forecasts were spot on. Traditionally when someone uses a wide range for forecasting, you use the mid-point of the range to determine if the actual result is a beat or a miss. For example your customers range was 7.35m-8.3m - are you claiming that any number within that range is spot on? Even so, the actual number was 7.3m (ie outside of your range).

    Not sure what any of this has to do with APT who are yet to release their quarterly/full year numbers.
 
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