Vultures circle in the air
Marauding elephants on the ground
Sharks in the swollen seas
Even the Bull and Bear retreat
Tis the time of the Great Gloom
Think lest be doomed
Anyone's guess what the market's expectations are to support a $7.50 price ??? but logic would suggest the market may be hoping for guidance perhaps $100m north of that ?
If updated guidance at the annual meeting is not around $850m as a minimum the SP reaction could be "interesting". Hope shareholders are strapped firmly in, could be an "interesting" ride ahead.
Last edited by Beagle; 10-11-2017 at 01:14 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Vultures circle in the air
Marauding elephants on the ground
Sharks in the swollen seas
Even the Bull and Bear retreat
Tis the time of the Great Gloom
Think lest be doomed
Sounds about right looking at the NZX staircase at close tonight. PS-Climbing equipment will be needed to climb down the Thursday to Friday step.
Originally Posted by couta1
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