NXS 6.38% 22.0¢ next science limited

Ann: Update on expected revenue for H1, page-15

  1. 20,463 Posts.
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    3 things wrong with this announcement.

    1) Dropping a downgrade late on a Friday
    2) Referencing an announcement without disclosing the actual previous forecast & thus not explicitly saying it's a downgrade
    3) No explanation why Revenue forecast has been significantly downgraded.

    Hate these underhand ASX announcements, do CEO's think investors are stupid?

    Specifically state it's a downgrade & explain why, don't try & avoid the truth.

 
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