Hi Brucey,
I agree with your view "I have seen many stocks sp rocket on good announcements only to see their sp go down again the next day and continue going down while waiting for the next lot of news.
I hope that this doesn't apply to stb. "
However, I believe this won't apply to STB. This will be a re-rate if the PFS figures are good. It may drop marginally to consolidate but remember, the off-take agreement clock ticks as of Wednesday and DFS due in June 2015.
I look at HFR as a reference point. It has climbed and held it's ground. I am predicting $1 by the end of the year.
I could be wrong, but watch this space!
Cheers,
WC
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