Koro,I think you'll find that, besides all the wailing and...

Koro,

I think you'll find that, besides all the wailing and gnashing of teeth that the Consumer Cycle is dead forever, the major factor that has been affecting SFH's share price in recent weeks (and created the buuing opportunity) is the not-so-small matter of Lazard being forced sellers following a mandate cancellation by MLC.

A useful comparison for what happens in these sorts of artificial market circumstances is to look at a little company called STW Communications (code SGN.AX). Six months ago major institutional shareholder 452 Capital were forced to liquidate their position. The stock price was churning around at 80c at a result. Today SGN is valued in the market a 115c.

Same company, same management team, same economic environment...dramatically different enterprise value.

It won't be the last time that one man's distress is anothers wealth-creating opportunity.

Regard

Cam