BIL:Market does not like results?

[surfer]

or is it cause Mr kloppers is leaving? I think the result are worse than expected and shows not easy in resource sector

[kwagga]

wondering if investors didn't jump the gun on the resource sector, only realizing now that it's still in a dismal state and probably will be in the near future as well

[phd]

By which logic, this is an excellent long term investment right now.

[kwagga]

Well, if I ran a fund which was overweight in Bil shares, I'd consider other options right now. One year performance could be jeopardized by results like these. Lower the weighting is one option.

[Preston]

phd, this can be bought at a much cheaper price.

[SimonPB]

if iron ore stays at current prices that'll add 40% profit to their largest source of profit ..

[Plonky]

Simon....where can I see the daily Iron Ore price ?

[SimonPB]

google, I have found it but don't bother with it

[surfer]

surprised no trading statement was issued.Is it not a change in 20% in previous earning,require a trading update