I am looking at SUN as a long term hold. It's been an excellent opportunity to enter as SUN sp got hit by a triple whammy. 1 promina T/O 2. June weekend storms 3. Market correction.
as the correction and one off costs of the storms fade into the past we look forward to the extra prosperity the promina T/O will bring when all the ends are sorted out.
And yes, I agree with Goblin about the possiblity of a short term run based on financials this Monday. I bought a SUN holding at a low low price on black Thursday, but doubled my holding a few days later based on the QBE report. A bit of a punt for the short term I know, but I think longer term looks more certain.
qbe up 20 per cent on financial release, page-4
Add SUN (ASX) to my watchlist
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Last
$17.20 |
Change
-0.590(3.32%) |
Mkt cap ! $21.88B | |||
| Open | High | Low | Value | Volume |
| $17.51 | $17.57 | $17.20 | $45.93M | 2.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | $17.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.26 | 11761 | 1 |
View Market Depth
| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| SUN (ASX) Chart |