whitebeachlover, what makes you think the hy results will change anything?
the results will be abysmal. there will be a loss of more than $500m or HALF A BILLION DOLLARS of shareholder capital.
no detailed updates will be provided. valad will simply say "we continue to negotiate with our bankers on a restructuring of our facilities and covenants and a further update will be provided when the talks are complete".
no dividends. no earnings guidance. nothing. except a big fat loss. and you think sp will rally? imo we will be 2.5c by this time next week.
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