IMO the todays market reaction to news that SHN's project review will take longer than originally estimated, is likely to be proven very excessive and overdone.
SHN appointed a new CEO (Wayne Loxton) just days ago. Loxton is an experienced and successful operator...Loxton would have been fully aware of SHN's situation when he took the job. He would not put his name in the mix for a company/project that he didn't think was viable.
Loxton will be stamping his experience on this project... by saying it can be done better!
If I am correct the current prices will prove to be a real bargain. If I am wrong Loxton's reputation along with the share price will take a pounding!!
dodds
SHN Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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