In this instance I would say the report in neutral, there always seems to be a requirement for good (Ramp ) or bad (short) sometimes its neither, it will take time for S32 to find its place in the market but with management who unlike RIO BHP ( i know they are former BHP people) who will cut production or higher cost production long term the value looks good.
Mining is cyclical business and high cost producers fail, production drops price goes back up big miners benefit, a good time to be a miner with a strong balance sheet
Ann: Quarterly Report June 2015, page-7
-
- There are more pages in this discussion • 54 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add S32 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.19 |
Change
0.110(3.57%) |
Mkt cap ! $14.44B | |||
| Open | High | Low | Value | Volume |
| $3.18 | $3.21 | $3.16 | $66.37M | 20.82M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 45827 | $3.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.20 | 42309 | 6 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| S32 (ASX) Chart |