SP continues to fall. CEO statement indicates delay in projects (rather than outright cancellation) and tightening of margins (which is to be expected in this environment). Not a pessimistic speech but lacks any detail re earnings for FY14. Mkt decided the tone was too negative and on huge volume sellers appeared. Hard to know when/where SP will bottom-out. Have no idea if short selling has contributed to substantial fall in SP from $4 just 2 months ago. Today's slump was substantial. maybe something was said during question time at AGM.
AAX Price at posting:
$2.32 Sentiment: None Disclosure: Not Held
