SCO
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0.00% $4.40 scottish pacific group limited

Float Price, page-4

  1. stardestr0yer
    7,950 Posts.
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    14/11/16
    15:40
    Post #: 20604002
    Don't be so sure.. many companies which float and then issue profit guidances have really struggled to recover in recent times.. examples, TPW, WLD, MEA

    Not a good luck.. I reckon they knew that this was coming and floated to pass the risk off to investors.

    I do agree with you it is a harsh reaction given the percentage in EBIT we are talking about.. but trust comes into as well...
    SCO Price at posting: $2.67 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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