I noticed, because it is suspicious by its absence, that no mention was made as to whether profits would be affected.
In other words, will contracts still be honoured and paid accordingly for the contracted amounts while actual delivery may be delayed?
Considering also that the announcement should probably have been held back until discussions with customers had been progressed somewhat, so something a little more definite was understood by MGX, I get the feeling they wanted the stock price hammered.
Very strange announcement to construct it with 2 very positive events and one bad event and dedicate the majority of the announcement to the bad event?
I don't believe anyone in a listed company would deliver such a poorly planned annuncement without reason.
The EPA approval was worthy of a seperate announcment itself but it was totally disregarded by putting it in with bad news.
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Price($) | Vol. | No. |
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