MVDED...the market doesnt know what to expect from CQUit's had...

MVDED...the market doesnt know what to expect from CQU

it's had negative news of late... and i believe the market is pricing in that they wont even meet revised guidance

Stock is priced that NPAT will go negative in Fy09 and ANZ will call in their debt.
Eg... Macrae 12 exiting as he thought they were likely to "go into VA before year end"


Any positive news will be viewed favourably given the depressed price.

doctorwho2
RE price action
Probability is weighted to a price rise if they meet or beat the revised numbers. Outlook will be crucial too.
Put it this way, if i were a broker i'd have a target of 45c and happy to raise that if CQU perform.

PS who is your fav doctor? 4th doc Tom Baker is mine, although thats probably because i grew up with him on TV