SFX 5.26% 30.0¢ sheffield resources limited

Ann: Joint Venture Completion & Board Restructure, page-39

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  1. 190 Posts.
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    I think the sellers in the past few days probably bought in the 30's and were expecting a bigger hike on the banked 130m - didn't happen so they saw opportunities elsewhere. If they aren't long termers they probably looked at the NPV and the fact there's very few roadblocks left and were expecting a ~50% rise on the news. Nothing like a good announcement to cause SFX to stagnate eh.

    It'll be slow and steady from here on out, no rocket ships haha.
 
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