Well sgb was down 7% on Friday. If you'd said in November that you could get it for $24 no one would have believed you...
From the institutional placement at $35 it is off about 32%. And from it's peak of $38, 37.5%.
I think I posted similar percentage falls when BHP fell to around $31-32 in January.
Yielding now 7% fully franked.
I think it will be the miners turn on Monday with the banks steady.
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