The company mention their profit will slide but did not quantify. Analysts fear the worst, thus shorters are having a field day. If profit is better than expected, that is, if it makes a good profit but maintain as last year or a bit lower, the SP will bounce right back. Analysts think the worst, so the shares have been sold right down, even worst than before the SP went up. I think aluminium is the area where they have price declined the most. However 59percent is hedged. They have sold more properties and other areas are making good profit. I am more optimistic, so I bought some at this level. The company has a strong balance sheet.
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