Normal
Has anyone been following ILU closely in the last week?Seems they have dropped (read plunged) on the back of a profit down-grade,..... which is based on a rising Australian dollar, and maybe on a prelonged high Australian dollar? Any thoughts? seems the drop is greater than it should be.Also should the board be questioned in relation to the timing of the announcement? The announcement seems to be timed conveniently after the DRP (dividend reinvestment plan) has bought shares at a much higher price. They [the board] would surely have known they were planning to release the profit downgrade. They [the board] have hardly done me any favours with that one!
Has anyone been following ILU closely in the last week?
Seems they have dropped (read plunged) on the back of a profit down-grade,..... which is based on a rising Australian dollar, and maybe on a prelonged high Australian dollar? Any thoughts? seems the drop is greater than it should be.
Also should the board be questioned in relation to the timing of the announcement? The announcement seems to be timed conveniently after the DRP (dividend reinvestment plan) has bought shares at a much higher price. They [the board] would surely have known they were planning to release the profit downgrade. They [the board] have hardly done me any favours with that one!
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
