Happy with the results today, unsurprised as well which is good.
I do note however that the mention of ASIC's work has changed from "concluding in the coming weeks" to "continuing to cooperate."
In the scheme of things I don't think this is a big deal, but I do think that it may mean that though we'll jump at open today we may see a retraction similar to after the announcement of a month ago.
Shorters seem to play a hardball game: end of the day it's all about the numbers and if there's holes they can potentially exploit especially with their mates at the AFR I think us longs have to remember that volatility is still going to be in play whilst there's longstanding unanswered questions.
A great buy long term but don't panic sell if we see spikes and falls today. Remember the fundamentals.
SGH Price at posting:
$2.87 Sentiment: Buy Disclosure: Held