Just had a quick glance. OKN had tough 1HFY12 and mkt is disappointed. SP down 10%. 1H12 EPS of 7.3c which is down 6.4% on pcp. But some deferred contracts have been granted in early 2HFY12 and OKN anticipates more wk from govt. Interim div increased to 5.5c ffr. Not all bad but am kicking myself for buying some prior to today's ann. I was overly influenced by broker's forecast of 19.4c EPS for FY12. I should know better by now.
OKN Price at posting:
$1.20 Sentiment: None Disclosure: Held