True. Hence i think we'll have to earn it the hard way : earnings and an increasing div yield until the market can no longer ignore.
If api4 continues upwards this quarter then we may see that rerate closer to 50c. That said what are our sales in vs costs in terms of currency?? With a fair few resource companies the usd denominated commodity prices are a bonanza with our weakening aud:usd,however we currentl gain via zar:usd so i presume revenue is coming through usd denominated for export and zar for domestic?? Anyone able to clarify?
UNV Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held