Whilst we have suffered, it is not as bad as SDL. Funny how the GBG/SDL merger and the MMX/MIS takeover/potential merger occurred at approx. the same time last year to create big IO companies.
The result being both mergers/takeovers failing. MIS ended up doubling and MMX falling slightly. GBG sitting at approx. half and SDL at a third. Of all those companies GBG always struck me as having better management and potential.
I think you can feel safe throwing your wage at this one. Half the price (of last year) and improved fundementals will result in the market improving SP shortly.
I heard today in the news that the Chinese are building a city the size of Brisbane every month. If this is true the IO demand from the Chinese alone will increase the SP. Let alone the demand from India and Russia.
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