Symex looks oversold to me. Director bought 1 million at $0.93,...

Symex looks oversold to me. Director bought 1 million at $0.93, now trading at $0.81.

A$ falling is a positive, with most sales exported. If the biodiesel sector falls back (see ARW announcement) then will be less demand for tallow and less glycerin produced as a by-product. Both positive for Symex

Capacity expansion and new consumer products should be positive.

The company has been around for 150 years - strategic advantages compared to its competitors

ICI is selling its Uniqema division (similar business to Symex) - likely to go to private equity or maybe an international trade buyer. Either way, Symex used to be part of Uniqema before MBO, and it is logical that the buyer of Uniqema will be attracted to Symex, particularly at current prices and once the plant expansion is complete.