GCS 3.09% 50.0¢ global construction services limited

Dear hanabi (Japanese fireworks??) I thnk that there are three...

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  1. 8,647 Posts.
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    Dear hanabi (Japanese fireworks??)

    I thnk that there are three possible explanations:

    1. Bad results coming up. But how would this affect the share price now? There haven't been any adverse announcements to the ASX. The market is supposed to be kept fully informed.

    2. The market is wrong.

    3. The market has lost interest - volumes have been very small in the last few weeks.

    Bell Potter is the only stockbroker covering GCS. They still have optimistic forecasts for FY16 and beyond, but Bell Potter have been very wrong in the past.

    I got in @40c and I will hold at least until the next official company announcement.
 
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