PSH 0.00% 4.9¢ penrice soda holdings limited

Ann: Appendix 4D Half Year Results Dec 2011 , page-6

  1. 12,134 Posts.
    lightbulb Created with Sketch. 242
    Jumbuk,
    Its hard to see what they can change. The fundamentals have been deteriorating since ICI sold the plant in the early 90's.
    Since then a string of owners have owned and sold the plant. Its problems of being energy intensive and an aging plant can't be changed. I doubt there are any cost cutting measures left.
    I think the Carbon Tax may be the final straw.

    I see PSH has now slipped under 10c. I expect it will stay in the 5 to 10c range for a few months.

    bacci
 
watchlist Created with Sketch. Add PSH (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.