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Ann: Speedcast updates expectations for 1H2019 and FY2019, page-140

  1. 1,806 Posts.
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    Wot - I think that you are too optimistic thinking that this is some text book strategy that always pans out the same way after a two day blood bath. Shorters can get this down even lower, that's all I see happening, it was endless sellers today, and even worse yesterday.

    There's also all this Doom and Gloom talk here that it's all going to go bust as well. I don't like the idea of a cap raise being floated around, perhaps conditions have changed and they did the right thing with the announcement as opposed to a shocking annual report. Making it out to be all bad and then come back and deliver. I haven't had a chance to read previous reports but someone must have been doing something right to get this up to $7
 
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