bingo bank, page-4

They watered down the shares with equity raising and ripped off the very people that laud their manangement ,bit spooky really a bit like project tragicform

Bendigo Bank a standout amid disappointing profit results John Durie From: The Australian February 15, 2010 1:14PM

AFTER a good first week of profit numbers, the market fell into negative territory today with a string of worse than expected earnings results and more muted outlook statements.
The impact of the equity-issuance binge was also painfully obvious, and it was very clear with today�s star performer, Bendigo Bank, which grew profits in the first half by 24.4 per cent, while earnings per share rose by just 1.2 per cent due to the $300 million equity raising.