Any thoughts on the trading leading into the announcement?
I can't see that selling at this point makes a whole lot of sense.
If you are to believe the company when it restated its guidance for figures so close to the actual date then it would suggest the probability of a bad result is smaller. That also suggests the probability of a result in line or better must have increased.
Does that reasoning make sense or am I reading too much into it?
PBP Price at posting:
61.0¢ Sentiment: Buy Disclosure: Held
