Self-defeating to set such high expectations.
I suppose one good thing about this apparent delay in the BIND results is there's less days until the next RNS which is the MWA results (9/7) - which should stop the T+ traders doing their usual trick.
That's the beauty of investing in Zimbabwe. The story is only going to get better.
What is going on here. Gold and Nickel looking good. BNC to announce significant increase in profits on Monday. So why is MWA acting like a limp fish? What's the hidden fly in the ointment??
Seems surprisingly unloved this share considering the fundamentals and the release on Monday, is this a typical case of the market being asleep or something else?
Just as I said earlier - Mwana is on a ridiculous forward p/e of 1.4 on estimated profits for the current financial year. This could be 5 x the current sp and still not be expensive!
Don't worry Tracylied, even AIM cannot argue with solid profits, and solid profits are what are going to be announced on Monday, then even larger profits a few weeks later. When solid profits are announced, the market does and will respond.
Gold looking better, Nickel rising off a double-bottom, BND rocketing with massively higher profits nailed on in the quarterly updates. Current BND value (which is still extremely cheap on a projected p/e/) pretty much covers the current MWA market cap. Don't you perhaps think MWA may move in an upwards direction soon? Hmmm, umm, not sure lol.