DVR 0.00% $1.15 diverger limited

Ann: 2016/2017 Full Year Results Announcement, page-2

  1. 2,443 Posts.
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    Company seems optimistic. And they seem to have retained the confidence of PIE with 9.5% at around $1.50. Doesn't seem much liquidity. Spread is Sell $1.20 Buy $1.07. Trading only 10 days a month with average 16000 shares a day.

    "The improvement in Underlying Profit was particularly evident in the 2nd half result, where a 24% increase was achieved over the previous corresponding period despite the negative impact of:

    the divestment of the Chesterfields business (sold 30 October 2015) and the loss of the Harmony Distribution Agreement (terminated 31 August 2016)

    which have effectively been offset by a combination of organic and acquired growth."

    Any holders like to comment?
 
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Currently unlisted public company.

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