SIG 2.06% $2.85 sigma healthcare limited

May 24 (Reuters) - Sigma Healthcare Ltd (SIG) : Sigma has now...

  1. 68,069 Posts.
    lightbulb Created with Sketch. 460

    May 24 (Reuters) - Sigma Healthcare Ltd (SIG) :

    • Sigma has now decided to commence legal proceedings against My Chemist/Chemist Warehouse Group
    • Has been in discussions in relation to operation of certain aspects of current supply agreement with My Chemist/Chemist Warehouse Group
    • Offers of mediation and binding arbitration were also proposed but were rejected by MC/CW.
    • Remedies to be sought by Sigma include declarations and injunctions for specific performance of agreement
    • If MC/CW acts in accordance with their stated intention, impact on Sigma's EBIT is expected to be approximately $5m - $10m per annum
    • "Current year underlying EBIT could be up to 5% below FY2016/17"
    • "Ongoing legal costs will also impact earnings"
 
watchlist Created with Sketch. Add SIG (ASX) to my watchlist
(20min delay)
Last
$2.85
Change
-0.060(2.06%)
Mkt cap ! $2.300B
Open High Low Value Volume
$2.91 $2.92 $2.85 $5.257M 1.817M

Buyers (Bids)

No. Vol. Price($)
37 116213 $2.85
 

Sellers (Offers)

Price($) Vol. No.
$2.86 85769 33
View Market Depth
Last trade - 12.39pm 04/12/2024 (20 minute delay) ?
SIG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.