Quote:
So 26 October 2016 that 'we expect our net profit after tax for the June 2017 financial year will be similar to our 2016 after-tax operating earnings of $17.1m. '
Then on January 23rd 'we now anticipate that our 2017 after-tax operating earnings will be in the range of $5-7m'
And then today 'result in an after tax operating loss for the financial year ended 30 June 2017, in the order of $7m'
Enough said - i think Mr Coulter has no idea what's going on, maybe too much honey mead made him slightly delusional
First down grade $10m-$12m and this downgrade $12m-$14m. It's amazing the share price has collapsed completely. Maybe hope is a strategy
Winner, I have been thinking about this overnight. What is truly shocking about this latest downgrade is this.