Debt definitely hammered down the quarterly profit but overall not a bad report, Market (over)reaction today though. Once share issue is complete we should see profit up - just need a spot price increase in one of the metals (palladium/rhodium spot is due to increase based in consumption) and worker disputes to settle across the board after this I would say we will see share price around 44 - 47c within next four months.
Still sticking to my share valuation of 35 - 38c. Will see tomorrow's reaction - picking mum and dads to see this tonight and dump there stock in the morning before the big players buy into it
AQP Price at posting:
34.0¢ Sentiment: LT Buy Disclosure: Held
