What will be the reaction to S32's strong balance sheet on the 24th this month?
Net cash and FCF tipped to rise heavily and again key commodity prices in core revenue and EBIT generators are up sharply since the EOFY.
The dip this morning doesn't make too much sense fundamentally. Not everything can go up in a straight line but I think this small retrace will be very short lived.
Balance Sheet
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Last
$3.70 |
Change
0.170(4.82%) |
Mkt cap ! $16.75B | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.72 | $3.61 | $102.3M | 27.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 216566 | $3.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.71 | 7952 | 5 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| S32 (ASX) Chart |