YOW 0.00% 2.5¢ yowie group ltd

July sales and orders equal entire last quarter!, page-160

  1. 410 Posts.
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    I think annual report might be out tomorrow (some website with annual report release dates said so). Not really expecting anything new but never know, might be something to excite. Or might just be a reminder of the last average quarter and keep supporting the down trend.

    Think the next possible price catalyst is the wrapping machine trial date. If it goes YOW's way could see a bit of a spike, maybe back into the .80c range I'd wager a guess, getting the wrapping machine back and maybe a bit more confidence for the other matters yet to be decided. Unfavourable court result and will definitely see it dive I imagine (not that I necessarily think an unfavourable court decision would be hugely material but I would expect a knee jerk market reaction).

    So my prediction 2-3 more weeks of slowing down trend on low volume before a favourable court case recovery to the 80c range. Of course I'll probably be wrong, I usually am.
 
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