Yes Brucey...the reason for the drop is that EPA has dropped from 21 cents to 4 cents and PE has gonr from 9 to 50.
Return on equity has also dropped substancially...
This has to be addressed.
It's still got a strong buy on it by 2 brokers which enticed me into it.
EPS is though forecast to rise in 2007/08 with strong growth...i just wish i got in a little bit later.
No matter i can see this going $3 plus this year so happy to be in....nearly topped up at its lows but i got distracted and missed the opportunity in those few days.
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EQUINOX RESOURCES LIMITED.
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