Sharecollector I reckon you're look'n good having SSM owing you 24c. My word the trading on SSM was puzzling 2day. I note some poor bugger was trying to sell 10,000 SSM shares at 25.5c nearly all day and moved sell order down to 25c about 3.30PM.
I would have bet London to a brick you'd get rid of 10,000 shares at 25.5c earlier 2day. It would have been very frustrating to people looking to get out at 26c 2day.
I bought another 100K 2day as I am convinced SSM sp will rise substantially this week. Over the weekend I looked for some bad news on SSM. The only thing I found was some upset Subbies or contractors gett'n fined by SSM with regard to Telstra maintanence.
The only way I see SSM sp moving lower is if some tragic news emerged that SSM was about to loose millions and prospects for SSM securing new business was almost nil.
If anyone on HC has any news of impending SSM gloom, I'd appreciate a post informing of such. But, I have been googling and checking newspaper web sites for a hint of some major problem and not found anything.
So in the absence of bad news, bring on Friday and ann of divy and future prospects of new contracts for work in the next 12 to 24 months.
SSM Price at posting:
22.4¢ Sentiment: Buy Disclosure: Held
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