SFX 1.59% 31.0¢ sheffield resources limited

Why is the SFX share price so divergent from theoretical value?, page-122

  1. 2ic
    5,760 Posts.
    lightbulb Created with Sketch. 4735
    Bollocks... that was a industry market focussed update, reiterating positive comments from Dec Qtrly, positive biews, upcoming drilling Sth Atlantic etc.

    BSC may well be on BGs speed dial, but the March reconciliation wasn't ready by 1st March and nothing was written beyond stuff from SFX qtrly.

    OS issues were hanging over rampnup like a dead hand, especially when BG refused to issue monthly updates and 'the market' was asked to wait until wnd April for March Qtrly update on progress. Everyone waiting with baited breath for how production qnd reconciliation was progressing....

    Its great to hear how well things are going in March and Sth Atlantic from those with personal comms from BG and private broker roadshow. The market isn't difficult to understand... information-price arbitrages are low hanging fruit that won't hang around for long.

    Well done SFX on positive Sth Atlantic results and successful March ramp up progress!
 
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