Aguytrying wrote:I say it wont move much. It's already beaten down. Post rights, i think it'll be trading sub 10 bob.
Right now only the rights issue was priced into the stock...
Its no secret that the whole market and all analysts were expecting 2011 profits to be higher..
With the news of the profit warning there's no way around it.. a new price for the shares must be set significantly lower than where it is now starting tomorrow..
It is simply the rule of mr. market and he can never be defeated..
Mark 12:29
Deuteronomy 4:16