If I win the lotto I'll be rich. The problem is the if isn't probable. They've already stated at the AGM that the revenue is on the low side. A 10% fall in revenue normally creates a more than 10% fall in profit because fixed costs don't fall far enough. I'm not saying bradken will go under. Just that it is damn probable and people need to be aware of the risk here.
i won't be surprised if I'm right or wrong. To me Bradkens future is still undecided because there isn't enough information to reach a 100% certain answer yet. Don't forget us humans have a fairly strong propensity to be overly optimistic in these situations
BKN Price at posting:
47.0¢ Sentiment: Hold Disclosure: Held