I wrote the above post 4 months ago mainly in response to the illogical SP fall in SFG. What my research also told me was that ECX was a investor nightmare waiting to happen with a ROE at barely 7% and a Debt/Equity ratio of 187% . What also amazed me was the huge amount of cash that ECX carried . So I was not surprised by the recent SP collapse in ECX when it’s underwhelming results were released.
I sold out of SGF yesterday for a break even result. Happy to get out at that. I sold as I am not convinced a higher takeover offer for ECX will be good for SGF holders.
GLTAH
Ann: Half Year Results Announcement, page-20
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SGF (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.33 |
Change
0.080(2.46%) |
Mkt cap ! $878.9M | |||
| Open | High | Low | Value | Volume |
| $3.25 | $3.41 | $3.25 | $1.818M | 547.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 3251 | $3.33 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.34 | 3193 | 3 |
View Market Depth
| Last trade - 14.59pm 29/11/2024 (20 minute delay) ? |
| SGF (ASX) Chart |
