Neither here nor there on the results. Certainly won’t trust management that Q4 momentum will be maintained into FY19 until we have another two quarters at least showing this.
One thing that I noticed was the selling over FY18 of shares by executives - not a good sign. And as another poster stated the progressive dividend policy has gone out the window without any reference to this by management (we should be used to this lack of communication from this management team by now!). I’ll hold for now but if the SP momentum gets up to around $0.60 - $0.65 I’ll sell. I bought at around $0.82 but don’t think we’ll see anything like that for a while. I really hope I’m wrong and hope that Q4 momentum is maintained but I shouldn’t be relying on hope!
RXP Price at posting:
54.5¢ Sentiment: Hold Disclosure: Held