PEM 0.00% 35.0¢ perilya limited

Thanks for the info.I think the Q3 results will be very...

  1. 123 Posts.
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    Thanks for the info.

    I think the Q3 results will be very interesting because management indicated/observed significantly lower cash costs already end of Q2 and beginning Q3 (mentioned when PEM published half year report).
    I´m still a bit confused about the communication because it would have been clearly cheaper to make the offer when the sp was down at ~10c, in addition I´m now surprised by the statement on the lower cash costs because that makes a turn-around more probable hence stock more expensive...

    Anyway Q3 results should be much better than Q2 but will the sp react at all?
 
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