Weird day today to say the least, 8% up on no news.
I have said it before but I will say it again, no one was worried about only having an AGM, 1 full FY report and 1x 1HFY report when the SP was booming.
It’s as if when people are making money it’s ‘this company is a hidden gem - great management team’ and when SP is tanking it’s ‘management are silent they’re a bunch of pigs’. Personally I don’t think any company should have to report more then BVS do, if other companies do good for them - at the end of the day we have more than enough information to base our investment decision on. All that matters is their results in the annual report. I believe the last 18 months are the first time BVS have missed/reduced guidance which again does not inspire much confidence going forward, however I think the industry is set to grow and I still believe BVS will capture more market share than they currently have, and hopefully that translates to a higher SP long term.
BVS Price at posting:
$1.65 Sentiment: Hold Disclosure: Held
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