I'll be keeping an eye on this one. It has announced a very disappointing H1 guidance today - negative $2m underlying. Predicts pick-up H2. On the face of it, a tempting mine servicing company with other irons in the fire like a newly acquired telecommunications business that does work for NBN. SXE has no debt, a net cash position of $41m as at its September presentation (post Datatel acquisition). Achieved strong ROE during the boom years. Chart was going well till today, see what transpires.
