Logicamms to handle RSPT better than peers
Logicamms’ share price has recovered much of last week’s lost ground, but there could be more upside to come.
The potential impact of the resources super profits tax (RSPT) has been factored into the share prices of many mining companies and those that provide services to the mining sector.
Logicamms was no exception – its share price fell from 98¢ on Monday of last week when the RSPT was announced, to trade as low as 81¢ on Friday.
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