It would be reasonable to think that if SIG announce that the legal action is over, CW will cover legals, and the contract remains effective until 2019, that the share price should return to pre-legal action levels. However, whilst you and I might think that should be the case, Mr Market may feel a little put off despite the outcome and I don't feel we'll feel the bounce that we would like - at least in the short term. But I'm comfortable that at the very least, SIG will return to $1+ level's within the next few months if SIG confirm that legal action is over.
I think now is the time to buy, because there will be a bounce imo. It's just a matter of time.
It would be reasonable to think that if SIG announce that the...
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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 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
