When results are released near or after close the market generally guesses it's bad news, at least in my experience. Sometimes I feel SDI doesn't care what the market thinks. I'll give them the benefit of the doubt and assume they're more interested in long term fundamentals. I see the recent fall in the $A against the $US & Euro being a plus for this year. The Brazilian investment will be a drag with the Real falling further against our dollar but we may get the benefit of cheaper manufacturing in the future assuming we'll export. Overall I think it's a positive outlook, time will tell I guess.
ASX up 2.5% SDI down 10%, page-3
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$1.06 |
Change
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Mkt cap ! $111.1M | |||
| Open | High | Low | Value | Volume |
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| Price($) | Vol. | No. |
|---|---|---|
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| Last trade - 15.58pm 25/11/2024 (20 minute delay) ? |
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