SXL 1.75% 56.0¢ southern cross media group limited

AFL equals another rise

  1. 44 Posts.
    Good news for long termers here, should see a possible good rise with AFL this week.
    Prior to NRL commencement we saw a similar week as last week, A few rockets coming I’d imagine.
    This is the new normal during Corona Circus trading, everything is upside down and out of whack when it comes to graphs, fundamentals etc.
    Just ignore doesn’t make any sense or difference.
    We just have to look at ASX and even the DOW, the World is burning and collapsing for months and these indices are rising.
    Fortunately with SXL even though their overall performance has been hit hard during the past few months which will make day traders nervous, for long termers things are looking positive.
    $$$ flow is pumping back in prematurely, SP was tanked big time, SP is definitely undervalued and we’ll see a restructuring with personal in the longhaul which will save millions.
    Jobkeeper is flowing millions in wages.

    These are my views, I am not a professional financial advisor or Professional trader.
 
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56.0¢
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-0.010(1.75%)
Mkt cap ! $134.3M
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57.0¢ 57.5¢ 55.5¢ $198.3K 348.4K

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2 41765 56.0¢
 

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Price($) Vol. No.
57.0¢ 20000 1
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Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
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