Thanks for your posts here @Franpower, they are always insightful and full of interesting information. I have been sitting on this one for some time and patiently waiting for the market to catch up. I do believe the style of management has been more about delivering the project than promoting the project and this is an important step in maximising the share price. I have noticed that this is improving lately and Bruce and the team are now in the best position to start to ramp up the media side of activities. They've built a project on time and on budget (no mean feat) in a very challenging and inflationary environment and I believe they are really now just waiting for the plant to produce final product before shouting from the roof tops that everything is looking good.
With STA falling further into the red I believe sector investors are nervous around the ramp up profile and will be seeking confirmation before putting in more money. Should SFX ramp up go relatively smoothly and we see shipments on spec and cashflow delivered a large re-rate is definitely possible.
SFX Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
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