Despite a strong H1 trading performance in which management suggested that it remains confident on trading for the year, the share price has declined 11.7% in the period since the interim results. If anything, since its interim results the outlook for its markets have remained positive with the oil price firming and rig count in the key regions for Tasman continuing to improve.
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A time to trust fundamentals
- Published:
28 Oct 2019 -
Author:
David O’Brien -
Pages:
5
Despite a strong H1 trading performance in which management suggested that it remains confident on trading for the year, the share price has declined 11.7% in the period since the interim results. If anything, since its interim results the outlook for its markets have remained positive with the oil price firming and rig count in the key regions for Tasman continuing to improve.