SembMarine @ $3.04

Sell @ $3.04

Take a huge loss here to reduce my exposure. FY14 results were good but longer term, there're uncertainties due to huge Oil Price drop and the on-going corruption investigation in Brazil. A possible strategy is to treat this as a "short" and to buy back again if it drops ~10ct. But, even with the huge realised loss, my portfolio asset value is a bit more positive as SembMarine is +6ct vs last close… 😀

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