SIG 0.00% $1.16 sigma healthcare limited

General Discussion, page-5

  1. 399 Posts.
    lightbulb Created with Sketch. 162
    I'm not really sure why this forum is so quiet, which is partly why I created this thread. There is so much potential upside with SIG and the merger, that I'm sure what we're witnessing is quiet accumulation from non-retail investors.

    I found this excerpt from marketindex.com.au super interesting:
    The merged Sigma-CWG group will likely have an EBIT of around $495 million and a market capitalisation of $8.8 billion, making it roughly the 60th biggest company by market capitalisation on the ASX. It is expected the company will be added to the S&P/ASX 200 and S&P/ASX 100 indices in the next quarterly rebalancing of these indices. This is an important factor in itself. On the ASX – size really does matter. Much of the investment dollar slated for the ASX comes from index fund managers (think your major superannuation funds here). By rising from around 330th to 60th on the ASX market capitalisation list, the merger of Sigma and CWG will trigger a degree of forced buying for Sigma shares by index-tracking funds that must own stocks in the major indices at the same weightings they occur within those indices.

    Get in now why it's cheap people
 
watchlist Created with Sketch. Add SIG (ASX) to my watchlist
(20min delay)
Last
$1.16
Change
0.000(0.00%)
Mkt cap ! $1.892B
Open High Low Value Volume
$1.15 $1.17 $1.14 $10.37M 8.977M

Buyers (Bids)

No. Vol. Price($)
2 124158 $1.16
 

Sellers (Offers)

Price($) Vol. No.
$1.17 132623 7
View Market Depth
Last trade - 16.10pm 14/06/2024 (20 minute delay) ?
Last
$1.16
  Change
0.000 ( 0.56 %)
Open High Low Volume
$1.15 $1.17 $1.14 1955523
Last updated 15.59pm 14/06/2024 ?
SIG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.