What are we all expecting as a good result, to see the share price excel? 1H10 net was $117m. I'm hoping for a result at least +20%. (considering most iron ore miners of late have been reporting double or triple their previous earnings).
SP last year for this time was about $3.40, which rocketed to $4.00 not long after the release of results. So, if there is improvement to the 1H10 result..is it not fair to say that a SP of $3.50-4.00 is value for money?
The new aquisition should look pretty good at this stage considering 6 months of no interest payments on the $1b.
What are others take on what would be a good result at this stage for OST?
OST Price at posting:
$2.98 Sentiment: Hold Disclosure: Held
