Good post Sharejon. Bit by bit things are falling in place in terms of value adding per SEA business strategy. It is important that we have flexibility in terms of driving future development.
Interesting market at the moment. DJI run up of late (disproportionate to our market) seems to have been based on already factoring in all of the potentially market making news we've seen. IMO DJI should be ca 9500 for the current XAO number! Anyway...
On a final note; it will be interesting to see the reaction of the market to QE3 (when certainty of ya or nay comes). If a downtrend begins upon QE3 going ahead then we are in a bit of trouble IMO. If it isn't priced in, then has a chance of working IMO, as ultimately, inflation (at a time of deflation) is not a bad thing IMO (relative to some of the other outcomes related to other fiscal tweaks).
Good luck all. Hope we don't see another dip into the mid 50's.
SEA Price at posting:
59.5¢ Sentiment: Buy Disclosure: Held
