So we are at the top end of the guidance range but not a good result. Will be interesting to see who was punting on a better than expected result. On the face of it the sp should not move much but "but the rumour sell the fact" will probably see a 10%+ drop before stabilising.
My biggest concern is the outlook is full of motherhood statements and nothing to sink your teeth into to get a sense of what the rest of FY14 will bring. Maybe they have learnt there not to give guidance anymore or they have no idea themselves....
CDA Price at posting:
94.0¢ Sentiment: None Disclosure: Held