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Financial Year Results, page-28

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    lightbulb Created with Sketch. 4852
    OK but a hell of a lot must have gone to justify the massive destruction of shareholder value in the share price. Is the company really worth 80% less than many experts thought. The Eureka Report did a detailed financial analysis after the cuts were announced and only downgraded it a few cents, called it a buy at 90 cents and again at 80 cents. CAJ is priced for insolvency but is there any evidence of such a disaster apart from the share price? Have management downgraded earnings to an extent that matches the SP? They haven't.
    Last edited by m0ngy: 16/01/16
 
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