GCL gloucester coal ltd
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the change is because GCL changed its financial year from ending...

  1. ckwon2
    279 Posts.
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    17/08/05
    17:08
    Post #: 1086098
    the change is because GCL changed its financial year from ending in June to December. When the financial year was 1/07/05-31/06/06, the forecast was about 90c. Now that it has been changed to 1/01/05-31/12/05, the forecast is down to about 56c. That is because the price increase for the coking coal only took effect in April.

    Fundamentally, the company is still doing excellent. Nothing to worry about.
    GCL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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