forget about the journos , the point is they have gained some massive contracts yet NPAT is going to be on par.
The CEO has gone dovish with his commentary by calling NPAT to be the same as FY2010...what is he really saying? That these contracts provide zero contribution towards the profit line.
He should have been talking these contracts up but if they not going to contribute to increased NPAT for 2011. So why are we surprised with the negativity in the SP.
This will go back towards the $3.95 gap, either before div or after ex-div
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