SGH bear is dead and burried, page-578

Dear Alex

I've no idea what a price might be just surmised 16c. Agree if it is down at that level before a raising of sorts then it would be lower still. I have other factors that influence my thinking on NIHL. I worked in the industry last century and keep in contact with a few that know others etc. Nothing concrete, just an element of circumstantial mutterings. The sort anyone working in an industry could get wind of and my deductive reasoning could be right, wrong or somewhere in-between, nothing internal.

p.s. I haven't sold any SGH since doing a little horse trading in the immediate aftermath of AGM. I'm perfectly hedged though!

Your sincerely
Doc