That's the risk but I see the new Chairman has bought 50k at 86c a few days ago - that would seem pretty silly if there were some proper skeletons in the closet
That's the risk but I see the new Chairman has bought 50k at 86c a few days ago - that would seem pretty silly if there were some proper skeletons in the closet
Wouldn't read anything into it myself.
Recall director/management purchasing shares at well above $1.00?
Fair point - definitely not saying it's all clear but it does indicate some confidence that there's no big issues assuming the Chair has some kind of grip on life.
I think the share price probably remains $0.80-$1.00 until they demonstrate some margin / Npat growth which won't be any earlier than HI 19 result in November.
Third downgrade? when were the first two, or do these downgrade rules apply to prior financial years?
With financial results known by the company till the end of jan 31, would seem weird that the chairman would be buying 50k knowing impending doom. But hey i'm prepared for the worst lol.
Reasonably solid performance ...making $20m odd for 3 years in a row.
Pity the finance guys hyped this up so much to start with .....and then the market per se (shareholders) demanded even more ....expectations were totally unrealistic and were never going to be met.
Will be interesting what 5hey come out with in a month or two. Hope they don’t start re-hyping things again
PS - bit of catching up to do to beat MVN
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Reasonably solid performance ...making $20m odd for 3 years in a row.
Pity the finance guys hyped this up so much to start with .....and then the market per se (shareholders) demanded even more ....expectations were totally unrealistic and were never going to be met.
Will be interesting what 5hey come out with in a month or two. Hope they don’t start re-hyping things again
PS - bit of catching up to do to beat MVN
W69-No news is good news... as you pointed out they should report a NPAT of $20M, having said that is there any outside chance of a trading update before March 31st? or in other words"Cyclone bad news Metro" has missed the coast??
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