Surely this is a positive. 5.5% down must be the Queensland investment community being overly pessimistic as usual.
Perhaps it is Pauline Hanson getting over 10% of the vote in a Poll and Sinophobia being expected to return. Queensland has been that way since trade unionists discovered a tree at Barcaldine and formed the Australian Labor Policy and the White Australia Policy so nothing new there. Hardly justifies an over 5% decrease in the share price.
SGR Price at posting:
$5.42 Sentiment: Buy Disclosure: Held