CEO now holds 43.9m shares, his decision should take care of all SIG shareholders.
Loss of CW contract, reducing EBIT by around $25m, but free up $300m cash, as historic ROI is around 16%,
If could acquire or expand the business, would generate $48m EBIT (double return) that might be the reason of not renewing the contract, imo.
Comsec still maintains marginal rate 60%.
Ann: Change of Director's Interest Notice, page-13
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Last
$2.89 |
Change
0.110(3.96%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.92 | $2.76 | $22.11M | 7.733M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 509791 | $2.89 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.90 | 226186 | 6 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
