SYB symbion health limited

Mayne reassurance fails

  1. 635 Posts.
    Market Watch - Lunch Time Wrap
    1:00:54 PM 16-Aug-2002
    Mayne was smacked once again, with analysts saying the market was getting tired of downgrades by the company in the wake of today’s latest.

    NEWS & VIEWS: Mayne reassurance fails;-6%
    Mayne Group announced today that they expect the company’s net profit to be in line with previous announcements made to the market of $170-180 million. However, market commentators have said that despite management these assurances the stock may weaken today, citing difficulty in the healthcare business.

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