Australia's Saferoads Holdings hits near 6-month low on poor FY19 forecast

Saferoads Holdings

17/04/2019 04:59

** Shares of Saferoads Holdings Ltd  SRH.AX  fall as much as
16.7 pct to A$0.25, their lowest since Oct. 24
    ** The road safety products co sees FY19 total revenue to be
at a similar level to FY2018  urn:newsml:reuters.com:*:nASXbwLJXC
    ** Co sees FY19 pre-tax profit falling into a range of
A$150,000 ($107,775.00) to A$400,000, from A$712,000 a year ago 
    ** Stock posts its biggest intraday pct fall since Nov. 14
    ** Over 60,000 shares change hands, compared with the 30-day
average volume of 24,000
    ** Stock has fallen 7.7 pct this year, as of last close
    
    ($1 = 1.3918 Australian dollars)

 ((mensholong.lepcha.thomsonreuters.com@reuters.net;))