SPA 3.45% 2.8¢ spacetalk ltd

earning guidance - looking good, page-7

  1. 334 Posts.
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    While still a good long term prospect, I think this will go down in the short term. As Early1 mentioned, this reporting season the market is punishing everything that does not meet expectations. Many small growth caps had great runs over the past 6 months, and a lot was riding on these results. Thinly traded small caps tend to drift downwards on lack of news, so better buying opportunities may exist in the coming months in the absence of positive announcements.

    Another thing that I don't get is the sudden change in guidance between Xmas eve and the 20th of Feb. Surely all of these issues haven't come to light in the 7 weeks since we came back from holiday break.
 
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