There is good and bad karma being the wholesaler to CW.
If CW did bail then they will need to pay Sigma a couple of hundred million due to the trading terms they enjoy currently. That would give Sigma a huge amount of leverage/cash to do some very heavy hitting acquisition wise. They would also want volume to continue flowing through their new sheds so they would already be thinking about Plan B for a while now. Interesting to watch the plays over the next 12 to 18 months.
Street talk confirms CW tendering out wholesale business, page-38
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Last
$2.91 |
Change
0.050(1.75%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.93 | $2.85 | $7.542M | 2.604M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 30133 | $2.91 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.92 | 53973 | 29 |
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| Last trade - 13.19pm 03/12/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
