Thoughts?21 Nov 2013 16:56
Although the figures look good for this company, only 40% of net profit is attributable to the non-controlling interest. I'm not saying that the operating profit cannot increase from the current level, I'm sure it will, just that the distribution of net profit is a major put off, and probably what is holding back the share price. All else equal, a company which reported 50% of the operating profit reported by XCH but where 100% of net profit was attributable to the non-controlling interest would have a higher share price.