SSX smorgon steel group limited.

the problam for ssx is the scrap metal prices have risen faster...

  1. wrongway
    1,950 Posts.
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    24/12/03
    11:19
    Post #: 339048
    the problam for ssx is the scrap metal prices have risen faster than steel prices so they are having a bit of a profit squeeze also the exchange rate on their exports of to the usa is also hurting .i have followed ssx for a while also and recently sold out above $1.30 and am still looking to buy back in .wrongway
    SSX Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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