But you didn't address my comment how bad do you think AISC is going to be? Even if AISC is 10-20% higher this company is cheap and making large amounts of cash for its market cap.
Guidance matters sure but the miss on guidance is made up for by the massive increase in gold price.
Manipulated? you mean by the take over offer? Sure
The take over offer is the only thing currently holding this back and unsure what can be done to prevent this. No matter if the company was hitting or beating guidance people arn't going to be willing to take a big risk on it when there is the chance the take over offer could be accepted and they instantly make a loss. Although good results will obviously help lock in current holders to vote no.
The 2 main take away from this whole situation are
Mining is improving, even if it has been slower than people would like.
The take over offer is screwing over holders and is the major issue.
TIE Price at posting:
62.0¢ Sentiment: Buy Disclosure: Held
(20min delay)