No doubt that EBOS just bought the contract for Year 1 and happy with low margins going forward. Must have a lot of spare capital. Their next step will be find a cheap Chinese manufacturer to reduce costs further. Good luck with the regulatory issues, TGA and reputational damage should they have any issues with their drugs.
SIG CEO stated that he would have had to half the profit on the CWH contract. So makes complete sense to find multiple higher margin contracts/businesses to de-risk business.
No doubt that EBOS just bought the contract for Year 1 and happy...
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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 |
