SRG has had a terrible record before & since the merger (great revenue but little profit) & I believe they were about to turn it around this quarter
But covid came along to ruin the party
Everyone is expecting a worse quarter than last time, which is why the sp is the way it is
I believe the asx was oversold & the strong companies have recovered most of their losses
Charts illustrate that
What the charts don't illustrate is, I believe, srg has not been affected as badly as expected.
Once the market is updated about this quarters activity, sp should start to recover.
Im gambling here but it could double my small investment short term
Why not?
Haha
Longer term, should be even better
Hope?, page-26
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Last
$1.16 |
Change
0.010(0.87%) |
Mkt cap ! $700.5M | |||
| Open | High | Low | Value | Volume |
| $1.15 | $1.16 | $1.14 | $619.4K | 536.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15000 | $1.16 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.16 | 581 | 1 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| SRG (ASX) Chart |