I was perplexed at first at the market reaction, but if you read the last paragraph of there media release, it says it expects the back half of the year not to be as strong. hence the sell off,
however, as normal the market tends to over react, they where expectin a yearly profit of only around 5 million, now they should do about 6 (excluding the 1 million tax gain), put in the sector multiple, and look at the directors exercising shares, and i think you will be surprised.
having said all that, i hold the stock and wont be selling until normal value, including t/o speculation is included.
Brabus
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