Once upon a time I own SIG but out just above $1 because I was worried the rise of CW and also a major SIG customers, a lot of things can go wrong here.
I don't think the current price is cheap in the current light, 2019 will be gone, CW will get new supply and SIG earning is at risk big time.
SIG need volume because they operate on small margins, a cut in volume is a killer to your bottom line
I would stay away until more information appears.
I reckon it drift to an uncertainty and price for no grow range of around 60c until more information comes to light
Once upon a time I own SIG but out just above $1 because I was...
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Last
$2.94 |
Change
0.080(2.80%) |
Mkt cap ! $2.300B | |||
| Open | High | Low | Value | Volume |
| $2.87 | $2.96 | $2.85 | $13.80M | 4.734M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 166370 | $2.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.95 | 104918 | 28 |
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| Last trade - 15.00pm 03/12/2024 (20 minute delay) ? |
| SIG (ASX) Chart |
