Surely though investors can see the growth in revenue and turn a blind eye to missed forecast. They would have to note the projects that lay ahead, the reliability of receipts from government agencies and the good ole “potential’ aspect.
Given the unanimous belief by shareholders that the growth will increase dramatically in the next 12 months, it seems like an odd punishing of the share price.
‘The share price has been relentlessly smothered for quite a while. I couldn’t care if the management sell a couple shares to take care of themselves, and still own such a high proportion of shares. It’s been such a protracted punishment.
PET Price at posting:
72.0¢ Sentiment: Hold Disclosure: Held
(20min delay)