SIG is taking their major customer to court...
CW did not want to undertake mediation...
Supply Agreement ends 2019...
CW provides SIG 1/3 of revenue...
SIG is undertaking large CAPEX to fund new distribution centres...
Trading YTD has been soft
The points above should indicate that current state of plate is high risk. The market is forward looking.
Overreaction? I don't think so.
What is the intrinsic value of SIG if CW is no longer a customer?
SIG is taking their major customer to court... CW did not want...
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 (20min delay)
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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 |
