Originally Posted by
Snoopy
You guys are just jealous. I do get these calls right sometimes you know. I got a 20cps share price boost on the day of the profit announcement. I guess one important reason for that was the introduction of a DRP to shore up the capital base. That means no cash issue will be required, despite all the doom and gloom on this forum pre-announcement regarding the debt position of the company.
The share price looks to have been playing the game of "sell the rumour" "buy the fact". As Percy said, not a great result. But perhaps a little better than what some punters on here expected.
SNOOPY