Oh… those figures could look so good when those books get fixed up. The adjustment came mainly from internal restructure and cost cutting. They swung from a ~ 100M or so loss to about the same in profit. That doesn’t happen without some financial adjustments. The phones aren’t exactly flying off the shelves.
I was actually considering it around six hoping it would go to five… never happened. It’s a little too lofty now – the market is saying they can sustain those levels and build from here… but that remains to be seen.
It would be nice if MTO management put that much effort into bolstering the share price.