Profit upgrade of 10%-15% issued after market closed last nite should see SSX well bid today.
It is worthwhile remembering that prior to release of first half results the analysts were looking for a 15% in the second half. When issuing the results SSX said they expected a flat second half, and the shares were sold down 27c (about 18%).
Will logic prevail and SSX reclaim the lost ground?
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smorgon steel group limited.
Profit upgrade of 10%-15% issued after market closed last nite...
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