Saunders’ stock spikes after earnings results

Trevor Hoey

Updated Oct 8, 2012 – 4.50pm, first published at 1.18pm

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After announcing a strong result for 2011-12, Saunders International ’s share price went close to reaching its all-time high of 69¢ that it hit in December 2007 shortly after the company listed on the ASX.

But it could be argued its share price hasn’t been a true reflection of the quality of the company’s operational performance over the past five years.