Don't be too down on yourself, we are meant to able to rely on announcements made by the company via the ASX. When an announcement says that they have a multi year contact then on some occasions even specifies the term, say 3 years with a quantity of deliveries and an amount of associated revenue ,,,, what are we meant to do but believe it. It implies a revenue stream for the specified term.
RFG recently did a similar thing telling the market that nett profit would be slightly up on numerous occasions then when pushed we suddenly get a massive downgrade,,SP gets trashed etc. Aren't we meant to believe announcements as part of our reasearch ???
GSW Price at posting:
$2.92 Sentiment: Sell Disclosure: Held
