This is nowhere near a disaster or a rebuild as some have speculated. It’s not ideal, there is financial impact, there will be share price impact, there are still uncertainties ahead with the plan of attack. But a whole lot of market angst could be avoided if SO4 ceased it’s stonewall approach to (anything but positive) comms and acknowledged difficulties in a timely, transparent and consistent manner. I am glad to see this update today rather than an idle vacuum.
SO4 Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held