re: Ann: SKE Swan Contract Personnel Withdraw...
Hi Camden55
while i could beg to differ on some of the technicalities behind the valuation on swan, i do believe that keeping it is a good thing for SKE. its in the right market at the right time (but does carry heavy key man risk).
The new ceo has his work cut out for him as there is plenty of less than ordinary parts for him to apply the axe to. I agree that there will be a cap raising and i would also guess that dividends will be skinny on the ground.
This company is now firmly in turnaround mode and i agree - two years time we will see a different beast.
I have traded out of my holdings having bought low and sold now at what i think will be a plateau for a while.
cheers
SKE Price at posting:
$1.63 Sentiment: None Disclosure: Not Held
