SRF 0.00% 6.8¢ surfstitch group limited

So they made a pro forma EDITDA for the 1st half of $14M but for...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 8,720 Posts.
    lightbulb Created with Sketch. 81
    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.
 
watchlist Created with Sketch. Add SRF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.