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clock Created with Sketch. 19/02/16
13:16
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Originally posted by Benjamins
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That's like saying I made a prediction of x amount looking into my crystal ball and I was wrong. Obviously Macquarie hasn't done their homework and not enough research and too bullish, it's their problem. If u look at the prospectus they pretty much hit all the hurdles apart from ARPU. All other growth metrics are positive. Surely one persons opinion (obviously they were wrong) cannot affect the price of a stock by 40%. And reaffirmed guidance is a good thing and not a bad thing, it's too early to say what Veya will do but they did say it will affect the EPS from FY17 not FY16 so again makes no sense.
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Macquarie represent market expectations. If investors expect EBITDA of 16m this half, and from there growth of over 50%, and those expectations aren't met, what do you think those investors will do?
