ONT 0.26% $7.68 1300 smiles limited

am i missing something?, page-16

  1. 814 Posts.
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    I believe the new scheme starts in 2014 (after the next election).

    In respect of disclosure I think the responsibility of management is to disclose anything that will materially change SP.

    The is no requirement for Management to disclose/announce a "this will have little/no impact" issue.

    The implication therfore is that ONT Management believes the end of MCDDS will not materially impact price.

    While this is a logical deduction on my part it is not a statement of position. As I said earlier the current price is around my hurt level.

    Cheers

 
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