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Shareholders not happy with Futuris
8 May 2008
Shares in Futuris fell sharply yesterday following the announcement that it had terminated the process to sell its 43 per cent stake in AACo. The company's shares fell 24 cents to $1.87 while AACo shares were down 29 cents to $2.84. Futuris waited until after the close of trade on Tuesday to announce its decision and also confirmed that its full-year profit would be toward the upper end of the $154 million to $183 million expected by analysts.
Sydney Morning Herald, 8/5/2008
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