DUR 2.78% $1.30 duratec limited

Ann: June 2021 Full-Year Results Presentation, page-2

  1. 582 Posts.
    lightbulb Created with Sketch. 988
    Looks like insiders knew all along.

    Massive miss on the profit, even on an underlying basis down about 3.5 million from last FY even.

    Tiny dividend won't do too much to soother the markets i feel, though it should give it a decent floor.

    On the asx, the only way to win is being an insider, makes sense why IPO buyers were selling at a loss.

    Hopefully, long term, this business can still live up to goals, but it doesn't seem to have done it this financial year.
    Last edited by Bwatson: 30/08/21
 
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