It was a strong announcement by CGL, but noteworthy that they really only said everything is going strong, rather than give any numbers towards FY earnings. Given it is mid May, a bit of a miss I reckon, so the ~5% jump in price yesterday was a fair return.
where to from here? Hopefully this annoucement puts a base on the recent slide downwards.
Gosouth
Ann: Citadel Group Signs Multi-Million Dollar Technology Contract, page-4
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