Any thoughts on the impact to Service Stream due to Clough Engineering going into Voluntary Administration?
Clough were partners in the inland rail project with Service Stream and owe creditors, including Sub-Contractors $66m.
I am concerned that SSM share price has been on a recent downward trend and if there is any correlation due to the above? Appreciate any others thoughts if this is likely to have impacted SSM.
Inland Rail Project
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$1.24 |
Change
-0.015(1.20%) |
Mkt cap ! $763.7M | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.25 | $1.23 | $784.6K | 633.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7966 | $1.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.25 | 10414 | 2 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| SSM (ASX) Chart |