There was an announcement out about profit. Revised profit forecast for the half year is now 90-95 million.
I think the market seems to have misread the announcement. Mr. Market seeems to think somehow SGM will be losing money hand over fist now.
An expected reduction in profit, which is still 90 MILLION on the positive side of zero, is really no reason for a 20% fall in price.
Sheer panic.
There was an announcement out about profit. Revised profit...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SGM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$10.31 |
Change
0.060(0.59%) |
Mkt cap ! $1.991B | |||
| Open | High | Low | Value | Volume |
| $10.26 | $10.34 | $10.20 | $6.090M | 556.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1048 | $10.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.31 | 5667 | 4 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SGM (ASX) Chart |