S32 0.00% $3.90 south32 limited

Profit result was well below expectations, yet the sp did not...

  1. 57 Posts.
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    Profit result was well below expectations, yet the sp did not move all that much. Same with WPL and STO. Suggests bad news already been priced in. Furthermore I am looking at commod price trends, the weaker USD, stabilization in Asia, and I think the commod space is in the early stages of a cyclical upswing.
    Last edited by Toryswine: 20/08/20
 
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