A CEO resignation is not normally a good thing for the markets; especially from a CEO that has been delivering performance. People want to know why.
The outlook is positive with a minimum guidance of up another 10+% for FY19? That is good coming from a team that has historically understated the outlook.
The news out of Morocco wasn't the best and that may well have been a reason. It shows the company is still exposed to some bad weather scenarios. But in turn, also means if it is a normal season this FY, results could be very, very good indeed.
- Forums
- ASX - By Stock
- Ann: Full year results announcement
A CEO resignation is not normally a good thing for the markets;...
-
-
- There are more pages in this discussion • 40 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online