Am I simplifying but why wasn't the high AUD to USD mentioned as an issue 2007/2008?
Was it because Neptune was turning a profit back then?
What does that make blaming the high USD now?
Surely not a convenient excuse?
Whatever happens this much we know for this quarter:
1. Ramadan has passed with no contracts announced.
2. Ships appear to have been mostly stationary.
3. AUD getting higher.
4. Significant debt.
At this stage I would predict the half year reports will be very grim reading unless we see a stellar next quarter.
- Forums
- ASX - By Stock
- BLV
- banking discussions
banking discussions , page-2
-
- There are more pages in this discussion • 22 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)