GCL 0.00% $3.54 gloucester coal ltd

the change is because GCL changed its financial year from ending...

  1. 240 Posts.
    the change is because GCL changed its financial year from ending in June to December. When the financial year was 1/07/05-31/06/06, the forecast was about 90c. Now that it has been changed to 1/01/05-31/12/05, the forecast is down to about 56c. That is because the price increase for the coking coal only took effect in April.

    Fundamentally, the company is still doing excellent. Nothing to worry about.
 
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