Hi ITM, Agree with Alexia's comments. Although I am confused because I thought the impact of the POC tax had been already factored inthe share price, but maybe the full effects of the 15% came into play with these results, showing that revenues and bottom line will have to increase significantly to take account of this tax, and there is uncertainty as to who will be able to operate or rather cope with this tax. In relation to the dilution, I noticed some more shares came onto the market.....have to sit tight
Bookies and the like out of favour everywhere. Oversold and a good buying opportunity at this price. Might top up to get my average down. GLA
Tough to Explain - Broader Market?
With a very stable set of results just behind us, it is very hard to understand why the downward pressure is so consistent...cannot fight the broader market...simply another good buying opportunity in my view.
RE: Dilution of SP?
Hey jazzindahouse....I am confused by what you mean about possible dilution in the future...I may be missing something... Also have to wonder if perhaps management is considering buying back some shares at these prices....? Also, looks like I got Henderson wrong because they had been sellers over time...seems like they recently added shares....hmmmm. Henderson must know more than the wider market....Thoughts?
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