is this a short nc, page-2

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.