biting the dust, page-9

BSL's share price has been smacked lately. Basically the shorters were pricing it as an armagegdon situation. I would be very surprised if there is not a harsh rally centred on (a) value buying and (b) covering shorts. However, it is always difficult to time when that will happen and patience is required. The worst thing you can do is sell too early.

I read the figures out of NZ fo S & T. Basically they were saying things are not looking great and yet they still earn good money and are paying a 5 cent dividend. You cannot complain about that.