You're right about this not being about Sul; it's hitting all retail n travel sector and even minerals with the market being in a general panic about money tightening/ rising interest rates. The Big Fundies esp in the US are pushing the market down to pressure the Fed to slow down the rate hike. Imo the market will eventually factor in the rate hike. After all, even 3% interest rate is peanuts compared to what we had for years pre- covid. For LT holders this should mean just sitting on it and letting the market get back to normal over the next two years while happily collecting dividends.
SUL Price at posting:
$8.76 Sentiment: Buy Disclosure: Held
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