SRX 1.41% 18.0¢ sierra rutile holdings limited

Just spoke to the company re their decision to cease quarterly...

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    lightbulb Created with Sketch. 703
    Just spoke to the company re their decision to cease quarterly sales figures.

    Nothing sinister or to be concerned about.

    It is to reduce some of the variability that occurs in any shorter period of time and which when announced seems to effect the market.

    Example....last 4 quarters

    1st quarter sales increased 4%
    2nd quarter sales increased 18.7%
    3rd quarter sales increased 18.2%
    4th quarter sales increased 27 %

    They will still be doing 6 month figures, but this will tend to smooth out any short term anomalies.
    Last edited by bendigo: 08/07/14
 
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