Opinion
NetComm slips out poor result
On the last day of reporting season, NetComm announced its net profit plummeted 103 per cent.
Edited by Jamie Freed and Sarah ThompsonIt is widely believed that companies with a weak profit result will issue the news late in the reporting season. Those with terrible news will go a step further and release their announcement after the market closes on a Friday.
While some experts say there is no statistical evidence to support this theory, NetComm will send conspiracy theorists into a tizzy as it released its half-year report and accounts at 3.58pm today.
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