Yes, I believe the reason the SP went flat was because production and net income were only marginally ahead of the preceding quarter.
There used to be a time when 2 p reserves excited the market but not anymore. Once they ramp up production levels and ipunters see
the bottom line then investors will be rewarded with a stronger SP.
This has always been a growth story with much more to come.
- Forums
- ASX - By Stock
- SXY
- Ann: Annual Reserves Statement
Ann: Annual Reserves Statement, page-6
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)