I've had a good look at things and SEA is highly undervalued and is a good buy at these levels IMHO. For anybody interested, I'd suggest looking over company projections just as we were coming out of the GFC and see how our current position compares to these. Furthermore, it is worth looking at oil projections, input costs, so on and so forth, and putting that against where the sp was headed before Europe situation reared its ugly head. There has been no significant dilution since, and I see no reason why SEA won't follow the market up if and when a proper recovery occurs.
I am back to a hold, as I recently had to sell part of my other share holdings (a percentage of my holdings in a gold spec)+ the use remainder of my EKA funds in order to see to an emergency situation. I would otherwise have been adding substantially at these levels, for a long term hold. Not happy at missing what could be a great opportunity here.
Good luck all.
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