Someone either wants out or to lock in a profit which is fine but with a bucketload of cash, a good orderbook and a potential upcoming divy of .04c ff it seems like a shortsighted gain.
Maybe they do not like the idea of an acquistion but I am sure that SXE will do their due diligence properly.
I am just adding at these prices as I am pretty sure that the divy will facilitate a good rise in the share price over the next couple of months.
DYOR
Ann: Investor Presentation H1 FY23 Results, page-14
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Last
$1.76 |
Change
0.015(0.86%) |
Mkt cap ! $463.2M | |||
| Open | High | Low | Value | Volume |
| $1.75 | $1.78 | $1.71 | $1.005M | 573.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 16759 | $1.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.76 | 353 | 1 |
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| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| SXE (ASX) Chart |