I'd agree with Pep too. When you consider the low stage of the cycle that sands are in I think many would have expected a lot worse. It puts them in a powerful position, relative to industry peers, to capitalise on other's weakness and bound out on the next up cycle. Perhaps partly explains the strong recovery so far from the lows?
On market conditions, naturally their report is optimistic but it looks like the market place is balancing out. First comes stability and then hopefully some growth - 2H of 2015 perhaps?
I'd agree with Pep too. When you consider the low stage of the...
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Last
$5.52 |
Change
-0.090(1.60%) |
Mkt cap ! $2.363B | |||
| Open | High | Low | Value | Volume |
| $5.65 | $5.68 | $5.52 | $4.737M | 853.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9101 | $5.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.53 | 6000 | 1 |
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| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| ILU (ASX) Chart |