SSM service stream limited

Ann: Market Update and CEO to Step Down , page-12

  1. DSD
    15,968 Posts.
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    speed read a couple of anns and presentations. interest cover of 4.9x. Stopping the div was the right move. I boughtb in at 28c. Feel part of massive fall is margin loans unravelling. Commisserations to those forced to sell. Prospects are not bad especially if NBN gets a move-along. One delay after another it seems. Having said that... i seriously question whether the massive NBN cost is worth the benefits espoused by Rudd govt.
 
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