Not wanting to bag MYE - I don't know enough to do that, but do...

Not wanting to bag MYE - I don't know enough to do that, but do want to highlight that SDM appears to be very undervalued in comparison on balance sheet metrics. Their income outlook looks very similar.
Co; SP; NTA; Net Cash per share. (all numbers from last half year report)
MYE; 76c; 52cps; -0.16cps
SDM; 56.5c; 64cps; 23cps

SDM could pay a 30 to 40c div in theory (I doubt they will - would be very silly) - to get to similar NTA and net cash metrics. So one is overvalued, and one undervalued. (Morningstar is suggesting both are at about 4x 2014 EPS. Maybe there is fear that SDM will buy something - but pricing should be good if they do.

Also WHC and NHC appear to be bottoming with support from the lower AUD.

GLTA