Hmmmm makes you wonder doesnt it. I mean sure there could be some downturn, directors seemed confident of weathering any storm as recent as 3 weeks ago however. For the price to plumet to 88c is just hysteria and lack of buyers in the market. Profit guidance from the company hopefull in early Jan may state where they are at. Always a fear work may be drying up however and hard to think it isnt with all that is happening.
We should remember STS are market leaders and operate in a niche type market to a degree. Hope the storms in SE QLD did not effect them however.
Buy up now yield is too good to deny and long term growth prospects look strong.
STS Price at posting:
88.0¢ Sentiment: Buy Disclosure: Held