Nope , this is as serious as it gets for SIG. CW is by far their biggest customer and account for 100 of millions in revenue. It was always a problem when your largest customer accounts for such a large percentage of your income. Always a juggling act , to keep them happy and fend off other wholesalers attempting to poach their business. Taking legal action against your biggest customer is the quickest way to ensure that they do not renew the Supply Agreement in June 2019. SIG maybe in the right here , and probably are , but that is irrelevant as CW will surely look to walk away from the agreement as soon as possible. I have been a holder of SIP , from the days of Apsen take over talks , CA in 2010 and for the first time have change my sentiment to sell.
Nope , this is as serious as it gets for SIG. CW is by far their...
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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 |
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| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
