SIG 2.96% $2.78 sigma healthcare limited

New CSO guidelines scrap 'Direct Supply' from manufacturers

  1. 248 Posts.
    lightbulb Created with Sketch. 36
    Good time to buy for those who are in for the long haul, imo.

    New CSO guidelines will now exclude manufacturers ability to supply directly to pharmacies, cutting out the CSO. While the new arrangements take effect from 2020, apparently some suppliers are going to move away from the model earlier. AstraZeneca are going to start transitioning away from Feb 2019.

    My guess is the further drop in the share price might be related to those not prepared to hang around until 2020.

    https://ajp.com.au/news/no-new-exclusive-direct-supply-after-2020/
 
watchlist Created with Sketch. Add SIG (ASX) to my watchlist
(20min delay)
Last
$2.78
Change
0.080(2.96%)
Mkt cap ! $2.300B
Open High Low Value Volume
$2.74 $2.93 $2.74 $37.80M 13.25M

Buyers (Bids)

No. Vol. Price($)
5 167207 $2.77
 

Sellers (Offers)

Price($) Vol. No.
$2.79 246261 9
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
SIG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.