The company previously had the financial year end in December now the financial year ends in June. See ASX Announcement 15 April 2005.
Either way the company is inline with forecasts, I’ve had done an Excel model which has ABN Amro's forecasts from a report I managed to get in December 2004 in which I have plugged in the most current coal contract prices and actual data for the 1st and 2nd Qtr’s this year. The company is trading perfectly inline with expectations and represents good value based on EPS and Dividends.
GCL Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
