It seems to me consolidation is due. Sigma seem to be making small acquisitions but perhaps a meaningful merger is better suited.
If the USA is any indicator, wholesaling has its place in the industry and the market will consolidate down to 3 players.
Cues from USA
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Last
$2.92 |
Change
0.055(1.92%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.92 | $2.85 | $6.582M | 2.275M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 55457 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 54713 | 31 |
View Market Depth
| Last trade - 12.39pm 03/12/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
