Well, compare that to PPX - 67% profit slide, missed all expectations, lower dividend, costs reduction only presented as coming soon, and maybe some uplift in prices in 2007-8. The result? over 10% share price rise in two days.
Who knows what will happen. The best thing would be an outperforming dividend, like Qantas (if there is bad news).
Your guess is as good as mine. I would say that lately if the news is bad, it is fully priced in and the share goes up dramatically (this must be the bottom right?) and if the news lately has been good and the results are good to great, then nothing happens.
ZFX
zinifex limited
what are the chances..., page-2
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