When I get a chance I will ring the company, but in the meantime I'll put it out there....
The depth on the sell side has all but disappeared, setting EPW up for freefall, and I note that on Commsec at least the analysts have dramatically downgraded their forecast earnings in just the last week.
A quick internet trawl throws up NO light, no news articles, and I've not read in any dailies an ERM item, so WHAT do we attribute this reversal of trend to?
Did it over run it's position after the SPP @ 2.40, is the question of Carbon Tax/ alternative energy drag at play here, pre election blues blip etc etc???
Interested in the broader or mini-macro view peoples.
I still see ALL the fundamentals in place...
Rgds,
L
EPW Price at posting:
$2.65 Sentiment: Hold Disclosure: Held