Rule 3.5.1 states an issuer must release their result no later than 60 days after year end, which would be Sat 29 Aug - the waiver was granted early April.
[Edit: ignore this: Did they get a waiver and/or reporting extension last year?]
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Rule 3.5.1 states an issuer must release their result no later than 60 days after year end, which would be Sat 29 Aug - the waiver was granted early April.
[Edit: ignore this: Did they get a waiver and/or reporting extension last year?]
It's a covid waiver.
Auckland did go into lockdown.
Plausibly they just asked for more time because of that.
The ongoing saga some of you guys create has more twists and turns than a Shakespearian play.
Keep up the good work!
I can sense a hint of disappointment in Ogg's posts....... :)
Opus (much like Sky) was heavily undervalued at the time. Market cap was like 100m on a company that made 400m in revenue and a dividend yield of over 7% at that stage. Margins weren't that great but it had a lot of potential.
Sky fits in the same boat, perhaps even more undervalued. Opus has become better than Beca after WSP took over and now have a lion share of the big projects in NZ...like CRL, Manawatu Gorge upgrade etc...Opus would be far worse now if WSP didn't buy them out. Sky will become better and more liked by analysts after some big fish takes over it as well. We need big backing and money to take on Spark..
.....patience dear OGG, patience. I think we're ALL of the consensus it's just a simple matter of WHEN not IF now.
Since the share price is so low it could easily be a hostile takeover like how Suncorp tried to buy out tower few years ago.