S32 0.27% $3.74 south32 limited

I think the market initially reacted positively to the...

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  1. 5,515 Posts.
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    I think the market initially reacted positively to the production numbers, then went bearish after discovering sales being down (due to industrial action at Transnet in South Africa). If they manage to clear inventory this quarter, while having similar production, then it will be a bumper q for cash generation. Unfortunately the q just gone will be not so good. Hopefully HY results are unaffected.
    Last edited by elzephyrus: 25/10/22
 
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