SPO 0.00% $1.71 spotless group holdings limited

topping up below 99c

  1. DSD
    15,757 Posts.
    Thought I'd change the thread title. As stated yesterday I was looking to top up and just missed the low at 95.5c a few mins ago. Nevertheless i bought more at 96.5c and now have my full quota. In the hands of the Gods now but am confident SPO has intrinsic value (IV) waay above current levels. Management can help shareholders at this crucial time by doing a roadshow with brokers indicating/illustrating the many secure sources of income SPO enjoy.

    Afterall, how likely are our defence force bases to close? BRS recently announced they are heading for a FY16 close with increased profits and their announcement noted how strong the income from defence force/govt contracts remained, and that does not include their deal with govt re asylum seekers. SPO remains a BUY imo.
 
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