a disaster story, page-6

  1. 2,239 Posts.
    BigRed - I can't see the company giving earnings estimates as they probably believe they are in a "no-win" situation.

    If they overestimate and don't reach the target they'll get criticised and the stock price will get slammed. If they underestimate now, then everyone will be pessimistic and possibly disappointed and the share price wont go up anyway.

    The ASX also requires companies to report if there is a variation of 15% or more to earnings and as BRT will be all over the place for the next six months they probably don't wont to get caught up in this.

    Just my thots.
 
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