Obviously this announcement wasn't well received by the market with the SP being down over 10% at time of post, however can someone please enlighten me with what were the major factors, based on this announcement, that is causing this movement.
Management have this unique ability to put an upbeat gloss over any poor results to make themselves look worthy of their $$$salaries$$$.
Ann: June 2012 Quarterly Activities Report , page-3
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Mkt cap ! $2.494B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6574 | $2.24 |
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| Price($) | Vol. | No. |
|---|---|---|
| $2.06 | 770 | 1 |
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