Why has the Tatts share price lost value recently?
Clearly the Victorian Government decision in April 2008 in relation to the gaming industry in Victoria has had a significant impact on the Tatts share price. Beyond that, the share price is a matter for the market to determine. The analysts and investment markets make their own assessment of value based on their forecasts, assumptions and view of the future.The Company is in a good financial position and the fundamentals are strong. The Board and Management of the Company are focussed on the company’s performance and making considered decisions for the long term benefit of shareholders, not managing for the short term share price.
