WDS 0.14% $28.21 woodside energy group ltd

WDS - Help Me I'm Stupid

  1. 126 Posts.
    Someone help me.  Im stupid.

    Soooooooooooo WDS drops yet another egg (dinosaur size) today.  It is the 11th of August.

    The announcement said :  "As a result WDS now expects to report........ a statutory NPAT for the year ended 30 June 2015 of $27 - $28m. http://www.asx.com.au/asxpdf/20150811/pdf/430f6b3y7rltsm.pdf

    How is it again that they can do this 6 weeks after the 2015 financial year closed off ?  Is this Board / management setting themselves up for bonuses / a hearty well done for FY 2016 by having a second large bite at horrible news for FY 2015 ?  There must be a few corporate governance issues around this - or am I wrong ?
 
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