I feel you have missed it now. That mini-collapse was an aberation. Result on Monday will re-confirm what BRS keep telling shareholders i.e. the SP is worth much more than $1.35 and the outlook for 2HFY16 and beyond remains strong. It seems Mr Mkt doesn't read updates but brokers/analysts etc will be pouring over every word in Monday's report. I remain very confident the CEO will re-assure holders the company remains on trk re reduced costs and increasing profits. But I don'y expect a div till August in FY reprt esp as debt needs to be lowered and franking credits accrued. But it will more than satisfy those who maintain doubts. That's my take. dyor.
Did anyone else buy this morning at/below 1.05?
BRS Price at posting:
$1.07 Sentiment: Buy Disclosure: Held