Unless I'm missing something the company appears to be in better shape than ever. Overall revenue has dropped since last year but we have known about that for over a month. No need to sell now on that basis. NPAT is up considerably; perhaps people are concerned that that growth can't be maintained. Gearing is dropping every year, management just seem to be doing a great job and like in the past they have a clear direction for the future.
I know it would take balls of steel but all the text books would say it's probably a good buying opportunity.
TGR Price at posting:
$3.57 Sentiment: Buy Disclosure: Held