Tomski
Negative announcements to include;
Closure of Dubai office
Writedown of Dubai assets to zero
Writedown of Australian assets (again)
Lower profit forecast
Even though the market has factored these events into the current sp I still think that there will be a short term sell off when the bad news is announced.
There's very good news to be announced after the decks have been cleared and this will drive the sp back up over $1.
Stagman
summary + news, page-5
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