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thanks jojo,

I too spoke to him.

my understanding is that the crux of it is that nothing FUNDAMENTALLY changed for SBM.

I think the most critical point to make is that they are compelled to release any negative news under laws of prospectus ? therefore my understanding is that they cannot release negative news in the june quarter results ?

so i will suit tight for now and see what transpires......

there will be further market weakness no doubt. lets hope long term the the market rerates the stock. he also mentioned that someone rated the stock as a buy on their top 10 list on friday , i think he mentioned brisbane times or wa times or something to that effect, dont quote me on the source.

he also noted to be cautios though. but long term he said that he hopes i am rewarded for the investment. he can not provide advice of course, and reading between the lines i think long term the stock will be recognised by the market, if it reaches its targets.

hey jojo, stay in touch mate.