RCR 12.5% 10.5¢ rincon resources limited

so does anyone know what the earnings for the fin year will be -...

  1. 496 Posts.
    so does anyone know what the earnings for the fin year will be - does management even know?

    from yesterdays announcement its really not entirely clear.

    should we be expecting a material DROP in last years earnings (about 15cps from memory)

    perhaps we can clarify with the company? (Has anyone already done so?)

    If 15cps is maintained and we increase revenue for next year and restore the NPAT margin then current price could be a great opportunity.

    Given managements current dismal performance what can we possible expect though?
 
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