“This is clearly a pretty good performance in what's a seasonally quiet period. The fact that shares are down is simply a reflection of the previous good run the stock has had.”
“Overall, the results are ahead of expectations and it gives the company an argument to fight for in the ensuing debate which I think the shareholders are expecting.”
“The market is trying to work out what kind of price people have to pay and whether it will cause other people to throw their hats in the ring. The situation has been kicked into play.”
“I remain cautious. I wouldn't be surprised if demand assumptions get revised down in 2006 and with supply coming on, that's going to have a negative impact on commodities prices.”
