Is it your view that car sales will eventually bounce back with population growth and perhaps stabalising house prices in Melbourne and Sydney ?
There is a fear out there at the moment that we are in some type of structural change with the sharing economy, uber, cycling etc
Or another argument is people might be holding off until electric goes mainstream.
Been a holder since 2014 in MMS and SIQ/SGF and must admit I am a bit concerned with the price action and the 16 months of dropping car sales.
Ann: FY20 Trading Update, page-11
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Last
$14.97 |
Change
0.170(1.15%) |
Mkt cap ! $1.041B | |||
| Open | High | Low | Value | Volume |
| $14.85 | $14.99 | $14.85 | $1.124M | 75.32K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21 | $14.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.97 | 344 | 6 |
View Market Depth
| Last trade - 13.06pm 07/11/2024 (20 minute delay) ? |
| MMS (ASX) Chart |