Should be hearing about the appointment of a new CEO fairly soon and then announcement of half year results in about one months time. Positive reaction to both should see shares push back above $4 not withstanding poor general market sentiment. After all if economic growth does slow down further as many seem to fear then defensive businesses like will become increasingly sought after. Particularly as on pretty much any measure you choose to pick assuming previous Company guidance holds up then the shares are cheap as chips. All IMHO of course.
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- Ann: 67% increase in Net Profit to $6.1m and increased Dividend
Should be hearing about the appointment of a new CEO fairly soon...
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