Regardless of the negative posts above, the market 'liked' the results with the share price up 5% so far.
My interpretation is that the market sees the results as implying there is now zero probability of any further dilutive capital raises, and that this half year represents bottom of the cycle earnings, from which future earnings will start to rise.
Ann: H1 FY24 Results Presentation, page-24
-
- There are more pages in this discussion • 44 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
46.8¢ |
Change
0.003(0.54%) |
Mkt cap ! $1.348B | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 46.0¢ | $4.051M | 8.603M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 43 | 1164786 | 46.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 47.0¢ | 570608 | 42 |
View Market Depth
| Last trade - 11.00am 26/06/2024 (20 minute delay) ? |
| SGR (ASX) Chart |