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04/05/18
08:50
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Originally posted by Meteor
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I think we may be over-analysing this stuff.
The sp is, broadly speaking, a function of the earnings of the company (EPS).
So while you can "manipulate" or whatever, in the longer term (not tooooo much longer for BAT) the sp is dependent on the earnings. So really it is the earnings that we should be focussing on. As an "early mover" I suspect BAT will be well-placed!!
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They aren’t mucking about either!
This is without Spherical Graphite which will increase margins further and they have a plan for that. DFS due later this year. But will point out content in the Urbix Offtake agreement ( see this post ):
https://hotcopper.com.au/threads/an...3919196/page-67?post_id=32747260#.WuuR7xZ_WaM