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Message: Financial Position as at July 8th, 2008

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msheppardbrown

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Financial Position as at July 8th, 2008

posted on Jul 08, 08 06:44AM

Can anyone let me know what has caused this -2,203% After Tax Margin and their 10.12% increase in Debt-Asset Ratio in the last quarter? What is the management doing?

The Share price is down 24%+ in the past month, 15.38% of which fell within the past week alone.

Anybody have anythoughts on this?

Word on the street is that there are some pending contracts with some largecap energy companies in the final stages of being inked, but this clearly isn't reflecting the valuation.

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