Standout results from both SRG and MND today. SRG finished on a low but only after buyers had their fill around 55c. I expect it will get more interest before it goes ex dividend. Management have been very good since the restructure a couple of years back and happy to see that cash pile starting to build. I'd be buying but my remaining parcel is from June 2020 and I'd prefer not to ruin my average.
Not as confident in SSM on Thursday. Looking for any excuse to sell. I would expect SXE result (Monday?) should be good (their balance sheet has looked strong for a while now) but I'm always wary they'll find a dead cat from out the back (contract assets? DecMil dispute?) to throw on the table.
Good year '58. Also 1990 and 2010.
SRG Price at posting:
52.5¢ Sentiment: Hold Disclosure: Held
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