Hey GiddyYup,
tend to agree - with market the way it is atm there is effectively a buyers strike on for many risk stocks.
That the s/price is still above where it was a year ago isn't helping matters atm as additional marginal supply of shares comes onto the market from holders who bought a year ago and have been waiting for their 50% CGT discount to kick in ==> small marginal share sales + buyers strike resulting in the shareprice weakness were observing atm.
Failing a game changing announcement, I expect SSN s/price weakness to continue through to early/mid Feb12 and may even see it weaken further to the 8c mark. Hopefully after that we'll start to see some incremental improvement in the s/price (fingers crossed that it might come sooner - common game changing announcement!).
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- lemmings
lemmings, page-4
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