Market has lost total confidence in GAA profit forecasts, they disappointed in the half yearly now the 1st half 2007 become critical, the company has spent millions on it's sales & marketing department, management team etc however this is not being reflected on the balance sheet with increased sales and profits.
And to think 12 months ago GAA was $1.60.
Management must deliver or serious questions will be raised as the current share price is taking a pasting.
I'm disappointed as this stock really had a strong growth strategy but has lost its way recently.
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genepharm australasia limited