SIG 2.06% $2.85 sigma healthcare limited

News: SIG Sigma Healthcare decides to commence legal proceedings against My Chemist/Chemist..., page-11

  1. 1,705 Posts.
    lightbulb Created with Sketch. 91
    Yeah it's 6.5 before grossing, so even more once you add the tax credits on!

    Sure, as a growth stock on high PE it might make sense to take a big drop for a modest earnings hit. But with that sort of yield on offer, this is more than just a growth stock and losing 27% of its market cap over a 5-10% earnings hit seems way too overdone.

    Question is, exactly how much will this be oversold?
 
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