RE:RE:RE:RE:Even Oil Is Upbaranja wrote: Maybe,. but OBE went 8% up today, while this only 2%
You are right, baranja. Many mistakes made here and one was taking on far too much debt. What is really odd is BNE posted net earnings of 25% of revenues. Not gross margin, net earnings. Show me another company operating with a 25% profit rate. Other than commodity producers, there aren't any.
Other than no ROC and no plans given for it, I can hardly see why the market reacted so negatively to a company with 25% net earnings. Absolutely crazy.