Ok the £ may take longer but still believe that by the end of the year we should be there. The next set of results will inform us,
14 May '15
Push to £1
Well Cornish looks like it has pushed on a mighty 0.75p to that £1 mark ;-). We should see the 4th quarter / full year update soon so that might help, you never know!
27 Apr '15
If the SP breaks 80p this week then I can see (I like dreaming) a push over the next 3 months towards £1. Anyone know what is happening to DW in regards to the Asian area or does AXS have to buy the contrcat in in order to find a new partner.
10 Apr '15
Looks like we will close on a new post sterling conversion high...gradual creep creep has taken us to 80p. Probably a month or so to full year results so hoping this uptrend continues before then. Will be interesting to see if we have finally got the DW fiasco out of the way in terms of the accounts and if we get a continuing picture of volume increase and associated margin benefits. Everything might finally be pointing in the right direction now...if so we could see a good re-rate to the SP but with AXS that's far from certain that's for sure!
1 Apr '15
I also like the sound of the proposed changes Rye and agree with your comment .Wll keep a weather eye out for the blue sky. Need it at the moment here in the chilly Peak District ! The SP has done well today. JJT
1 Apr '15
Good question Jolly and I suppose only AXS know the answer at this point tho. I would however hazard a guess that the 'chemical group' are potentially more interested and have deeper pockets for this type of JV than Ineos had (or wanted to have)....personally I like the sound of this and it fits nicely with my blue sky thinking that AXS will be bought out by a major player at some point..a large chemical group would be just the type of buyer that I envisaged ;/)
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