SIG is going nowhere, as usual, it has done forever as it is still run like the cooperative it was before it listed, seems to employ too many people and never makes the profits we hear about every year...the money just disappears in costs so I'm not surprised the sales.
One of the previous CEO's tried to be smart and increased profits by extending 12-month credit terms to increase pre-sales and other shenanigans which can be found on google re a court case. Those long credit terms helped CW to set up to be what it is today. and a big disadvantage for current SIG Pharmacies. Analysts should always go back in history but the trade from under .50 cents up to 70 would have made it a profitable event for those who got on in time. The new CEO will try but the weight of all the costs wont let him win imo DYOR
SIG is going nowhere, as usual, it has done forever as it is...
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Last
$1.24 |
Change
-0.025(1.98%) |
Mkt cap ! $2.015B | |||
| Open | High | Low | Value | Volume |
| $1.26 | $1.26 | $1.24 | $4.452M | 3.584M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 253286 | $1.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.24 | 24667 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$1.25 |
Change
-0.025 ( 1.57 %) |
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| Open | High | Low | Volume | ||
| $1.26 | $1.26 | $1.24 | 813230 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| SIG (ASX) Chart |