"Down 7% today, result wasn't that bad was it?"
(Pre-qualifying comment: I don't own SDF; I own its fellow-listed broking business, AUB.)
And, I have to agree with you, the result wasn't bad at all.
In fact, it looked like a very clean result to me.
I suspect the sell-off might reflect a market that - by pricing the SDF at a P/E multiple above 20x going into the result - might have been expecting an upgrade to guidance given the anecdotes of firming premiums.
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SDF
steadfast group limited
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0.34%
!
$5.93

"Down 7% today, result wasn't that bad was it?" (Pre-qualifying...
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $6.560B |
Open | High | Low | Value | Volume |
$5.94 | $5.97 | $5.89 | $8.635M | 1.454M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 9106 | $5.93 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.97 | 9954 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9106 | 5.930 |
3 | 7759 | 5.920 |
1 | 7352 | 5.910 |
1 | 3401 | 5.880 |
1 | 341 | 5.860 |
Price($) | Vol. | No. |
---|---|---|
5.970 | 9954 | 4 |
5.980 | 42336 | 2 |
5.990 | 9000 | 2 |
6.000 | 60837 | 4 |
6.010 | 5837 | 1 |
Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
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RC1
REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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