KKT 0.00% 28.0¢ konekt limited

ridiculous drop in sp this week

  1. 218 Posts.
    It seems ridiculous to me that the KKT SP was hammered by 30% this week on the announcement that first half revenues would be down by 2%, even though full year results are expected to be in line with FY10. While I take my hat off to management for keeping the market informed, I feel it was a severe overreaction in driving the SP south given that it is such a quality company IMO.
 
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