I am suspecting a similar result. I look at commodity prices and wonder where the uplift will come from? Metallurgical coal? Alumina? Copper? Base metal prices are horrible. There is no shining star / get-out-of-jail-free commodity (i.e. uranium) in our portfolio which has outperformed for the past six months.
My hope is that: a) costs are under control, and better than expected; b) there is positive news on the Hermosa development; c) the dividend is LOW; d) borrowings aren't up a great deal (unless it's money used to do site works at Hermosa and towards the overall cost of the project); e) the share buyback programme continues.
As you say, it's possible the current share price incorporates a lot of negativity and low expectations. At around $3.00 we are at what will soon be approaching a three year low (mid-2021). I am happy to continue looking through current weakness and short-to-medium term difficulties. I'd rather be buying now when expectations are low, than buying on expectations of perfection.
- Forums
- ASX - By Stock
- general
I am suspecting a similar result. I look at commodity prices and...
-
-
- There are more pages in this discussion • 81 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add S32 (ASX) to my watchlist
|
|||||
Last
$3.10 |
Change
-0.040(1.27%) |
Mkt cap ! $14.04B |
Open | High | Low | Value | Volume |
$3.06 | $3.12 | $3.06 | $35.30M | 11.40M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 391635 | $3.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.12 | 1904 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 391635 | 3.100 |
7 | 355544 | 3.090 |
10 | 227320 | 3.080 |
6 | 189095 | 3.070 |
4 | 35517 | 3.060 |
Price($) | Vol. | No. |
---|---|---|
3.120 | 1904 | 2 |
3.130 | 96921 | 5 |
3.140 | 108735 | 5 |
3.150 | 179222 | 11 |
3.160 | 82680 | 9 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
S32 (ASX) Chart |