To make money out of investing in stocks requires two conditions to be met:
1.) Fundamental under-valuation
and
2.) Business traction
In this case Point 1.) gets a clear tick; but as for Point 2.), too many of the business wheels are spinning.
At some point, enough of the car's wheels will make sufficient contact with the road to make the car lurch forward.
When that will be, I'm unsure but presumably it will occur at some point over the rest of my life.
But it can't take too long to occur; because if the current SEQ directors and management team is unable to make it happen, someone else is going to come along and make it happen for them.
.
SEQ Price at posting:
53.0¢ Sentiment: None Disclosure: Held
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