I honestly don't look too closely at the micro stuff. I am more interested in macro events.
Irrespectively, there can be no serious contention that the company hasn't got very good management. Accordingly, I would be horrified if management wasn't factoring wage rises into its tendering process. If there are adjustment mechanism in contracts then I most certainly am not alarmed.
I can't understand the market but I won't be spooked by it either. I am considering buying a modest parcel just to accumulate. Not a recommendation. Just my opinion. Cheers Keith
SRG Price at posting:
70.0¢ Sentiment: Buy Disclosure: Held
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