re: Ann: ZSP: SandP Announces March SP/ASX Re... The index reflects recent trading.
Page 5 advises a companies addition to, or deletions from, the Standard & Poor?s index does NOT reflect an opinion on the investment merits of the company.
They are restating what market observed to have done since S&P's last update.
These S&P indices changes - additions and deletions, take place after the close of trading on March 18, 2011.
So, those who follow indices will SELL dye shares, which may lower current share prices, perhaps opportunity if seek increase holdings.
Remain confident DYE shall do well long term, however wonder at times if we shareholders survive long enough to see benefits ?
Appreciate a briefing to keep shareholder's confidence.
Dyesol proceeding steadily, major limitation dependence upon external production partners.
Partners appear committed re their products which depend on Dyesol products to soon achieve production in what can be boosted into commercial quantities.
Partners and Dyesol appear steadily moving from research towards production, then commercial production, often a large/long steps, usually quietly taken.
Many commercial decisions likely await government decisions concerning Carbon Tax, as well as their support for alternate energy.
Australian government could invest some more towards having our corrugated iron roofs upgraded to Dye-Solar corrugated iron roofs -considering potential savings from their subsidy for power in rural and remote areas.
Expect Tata will benefit greatly when this available for India, Pakistan etc..
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