SP has traded wildly over the last week or so....Latest valuation by Macquarie is $64 20.4.20 which is interestingly around the price the Share dropped to after the above announcement on the 25.2.20
U would think that with conditions worsening quite substantially since then...the SP has quite a way to fall yet....They were expecting a drop in profit to $17 to $21m in Feb 20, I wouldn't be surprised to see them record a projected loss....SP on shaky grounds IMO
BKL Price at posting:
$71.30 Sentiment: Sell Disclosure: Not Held