Share
3,151 Posts.
lightbulb Created with Sketch. 307
clock Created with Sketch. 23/04/20
21:00
Share
Originally posted by steven1459:
↑
I feel most would agree this was a leaky ship prior to releasing the report.. The price drifted lower from high $1.20s even when markets where having good days...We can deny it doesn't happen but we all know the reality... Results were par, to cut dividend was prudent decision in current environment, most other companies have done same... Sales have been up since March due to virus, it should help in the second half.... $1.00 share, its a good defensive buy.... I feel it will move quickly back $1.20 or so as the news is out now & built into the sp already...
Expand
it wouldnt have drifted down like it has, if march was a bumper month. the news wld leak and the EOY result wld be balanced out by the march bumper month. so maybe march is not going to be the boost we all hope for.
