Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
"....... long awaited change."
And what is that ?
Can someone tell why this company has fallen out of favour ?
I am somewhat perplexed by the reaction to these results.
That said it is not unusual for AJB shares to fall back when results are announced.
On the face of it the results appear pretty good and demonstrate continued progress.
Still think this is a good company and will stick with them.
Good news = Share Price drops !!!
This is a company with a solid base, fundamentally sound, progressing well according to its recent trading statement but why is there little support for the SP ?
Since things started to rebound the performance of this share has been by far the most disappointing in my portfolio.
And why such a fall in the SP today ?
Is it simply a case that the company is out of favour ?
At least the share price reaction is consistent, good news price drops !!
My target sell price was 45 pence, but I can see this share gradually rising to 55 - 60 pence in the next 12 months and I am not sure I will find another share that would give a similar return..........
Should make for an interesting journey !