saw something on TV tonight said such extreme sell off was mainly due to fed up investors with Sigma(emotions) as opposed to fundamentals (cash backing value etc) which is good because basically the instos buy on value
Naturally it had to drop due to the downgrade but their cash forecast in sales revenue is still in the billions
I imagine a lot of these are going to go into super fund portfolis at some point
Love that gap try running a fib on that lol bizarrely the schotastic crossed ! Im even tempted to offload some ROl's or IFE's to hang on to these longer if they dont
SIP Price at posting:
46.5¢ Sentiment: Buy Disclosure: Held