I had to buy on this news, and there has been little movement based on this Ann.
The other major aspect of these results, for me, is that the earlier guidance for Gwalia in the q4 release states "FY16 guidance for Gwalia reflects that these improvements are in early stages of implementation."
So it seems like the implementation of improvements is going well, and thus hints that guidance was too conservative. So if we are lucky we may soon see guidance upgraded for Gwalia.
SBM Price at posting:
$1.07 Sentiment: Buy Disclosure: Held