Interesting to follow the course of trades, stock being traded at $3.05/3.06 mark.
DVC management has been caught out being too bullish in providing a wide range NPAT of $40m to $50m and trying to slip in a revised profit target into a announcement titled "DCA Plans Further Aged Care Growth"
I think they are extremely naive to think the punters wouldn't be a little p*ssed.
In saying that they need to fix their credibility factor, this will take time, hopefully the UK tender is a positive announcement that will put SP back on track.
Long term its a great stock to have but short term it has severely punished.
DVC
dca group limited
oversold and aking a comeback - green, page-5
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