For the time being at least, it would seem that after the big initial sell off, buyers are coming in using this ann to increase their position/average down, at reduced costs. Did anyone not expect a rough quarter/half year etc. as the reason the price has been mauled recently. I agree with the poster that stated this should come as no surprise to anyone. The timing of the release is a little strange!! If earnings actually stay the same as F.Y. 2014, I see this as good news as earnings was my biggest fear. Once again, don't like the timing though and will inquire as to why now. Someone posted a week or so ago that he would give up his divvy for a share buy back program. All for it as will return more long term value for long term holders. (Like Me!!!)
- Forums
- ASX - By Stock
- MRM
- Ann: MRM - Trading Update
Ann: MRM - Trading Update, page-20
-
-
- There are more pages in this discussion • 79 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
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla