Who knows Mike. Perfectly positioned for the optical network rollout (which is only a slice of maybe $20+Billion in the next 4-5 yrs) and small enough to be a t/o target because they are perfectly positioned for said rollout, and with a very healthy current book of work I have no fears for SSM.
One and only negative I can imagine (apart from being in a boring part of the market) is the fact Thorney own a major stake and with the recent loss of their visionary leader.....some stakeholders could be wondering if the son-in-law taking over Thorney has the same views/vision??? I can't imagine not but you just never know.
Would be nice to see them creep back up to their $1-1.20 range i.e. their 2008 levels, as nothing has really changed but I can wait.
Pnb
SSM Price at posting:
37.9¢ Sentiment: None Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)