china markets not as badly hit as us, only 1% down. US and europe over reaction. Must remember US companies still reporting positive eg intel recently and our Transurban yesterday. Company balance sheets looking good, despite sovereign malaise.
We are not going back to living in trees so CALM down, don't lose your cool.
I bought again at .46 easiest arbitrage IMO.
Money will travel to hard assets now, even more reason for the likes of hangdong to buy such a juicy asset as sdl.
cheers angor
SDL Price at posting:
46.5¢ Sentiment: Hold Disclosure: Held