So they made a pro forma EDITDA for the 1st half of $14M but for the full year it will be only $3M - so they expect to have lost $11M in the 2nd half! No wonder they've been keeping quiet, what an absolutely disgraceful performance. The only reason I'm not selling is this will obviously play into the hands of any potential Cameron-led takeover bid. Not that I expect to get my money back, but at least make them pay more than today's ridiculous SP for my shares....
Guidance on a change in outlook of such magnitude should have been issued way earlier than this, surely the lack of timely disclosure breaches listing rules.
Cheers, Sharks.
SRF Price at posting:
48.0¢ Sentiment: Hold Disclosure: Held
