Of course i could be wrong and the past 2-3 weeks of slide in SP is because UGL is about to get news a largish contract has been canned. But this scenario always produces a rush for the exit.... and reults in large parcels of shares being dumped. This has not happened with UGL. instead the volumes have dropped and bot trades appear to have kept a cap on SP which has responded by small falls on most days. Could be that SP will settle at around $7.oo until new announcements are made. This company is very open with shareholders.... and news... good or bad... is immediately released to public. Still expecting EPS of 97-98c for FY09.
UGL Price at posting:
$6.98 Sentiment: Buy Disclosure: Held
