SIO 0.00% 18.0¢ simonds group limited

Wow just revisited this stock, since I last made the post above...

  1. 228 Posts.
    Wow just revisited this stock, since I last made the post above ,to see that they've gone from $1.60 to 38c.

    Just had a quick look at their fundamentals from their Dec interims and they are atrocious .
    Gearing is sky high , cashflow ok but their other significant financial ratios show many in distress.

    Still a stock to avoid
 
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