It was only because of my frustration with OCL that i sold-out on wednesday (see AMM thread). I had waited for wweeks to buy and had re-read all company anns/presentations etc. I had full confidence 2HFY10 was going to be excellent. Our FY ends 30th June. Normally firms start updating mkt in June if yr-end result is more than 10-15% away from mkt/analyst expectations/forecasts. Some dither and release info in July. Yet here we are on 6th August only a fortnight from full results and OCL suddenly reveal revenue in 2H has dropped along with profits!! Why wasn't this revealed weeks ago? Afterall the firm knew the facts by 3rd July at latest.... and have seen it coming since about April. I am both disappointed and disheartened. Shareholders purchase in good faith based on info provided by company. Regretting my re-entry but am stuck with it now.
lousy update but..., page-3
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OCL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$17.32 |
Change
0.070(0.41%) |
Mkt cap ! $1.408B | |||
| Open | High | Low | Value | Volume |
| $17.00 | $17.43 | $16.98 | $602.8K | 34.85K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17024 | $17.32 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.35 | 261 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| OCL (ASX) Chart |
