@Roch2077 I tend to agree with all yr posts. I want to buy into Chemist Warehouse but I just can't seem to value the reverse takeover (what a SIG share should be priced now) - assuming the meger goes pretty much thru.
I am inclined to wait until all these new shares hit the market and a price to settle down ie once it's happened before committing
There will be many many years to come of increasing profits I think
So what's the rush? Surely one of the plans of the current owners is to cash out in the new listing?
I fail to see the urgency to stake my position
Am I mad?
I'd like others to question this approach and shoot down this plan as I'd really like to be a co owner of this new listed business
Thanks
$3.3 Billion in Revenue but only $6 Million Net Profit? This will be one of the most shorted stocks, page-25
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Last
$1.31 |
Change
0.005(0.38%) |
Mkt cap ! $2.129B | |||
| Open | High | Low | Value | Volume |
| $1.32 | $1.34 | $1.29 | $22.96M | 17.55M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 198520 | $1.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.31 | 638785 | 14 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SIG (ASX) Chart |