Summary is that Monday's hearings, are very very negative.
This creates a binary risk, and hence justifies a lower share price.
And for those that keep harping on about property assets, go back through the december 2023 balance sheet, back out intangibles, and net assets after deduction of intangibles is around $980m odd. (against a market cap of $1.12b odd after todays share market fall)
So this property property property thing, without a license, does not justify current market cap without a license.!!!!!
Monday’s hearings, page-26
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Last
46.0¢ |
Change
-0.020(4.17%) |
Mkt cap ! $1.319B | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 46.0¢ | $5.750M | 12.33M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 253931 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.5¢ | 307312 | 5 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
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Last
46.3¢ |
Change
-0.020 ( 4.58 %) |
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| Open | High | Low | Volume | ||
| 47.8¢ | 47.8¢ | 46.0¢ | 4294320 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| SGR (ASX) Chart |