Could be bye bye SXL and ARN at this rate!
Make no mistake, this $hitshow is scuttling both parties.
ARN is probably the better placed of the two (no TV liabilities) but if their MC keeps falling at this rate, they too might become the target of a hostile takeover!
AG is already dumping both networks. If the other major holders lose their nerve too and try selling into an ambivalent (at best) market - all bets are off for how low these two can go..
There may be a rush exodus in the next couple of weeks, if serious Tax loss selling by the big holders occurs.
Could be bye bye SXL and ARN at this rate!Make no mistake, this...
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Last
61.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $146.3M | |||
| Open | High | Low | Value | Volume |
| 61.0¢ | 61.0¢ | 58.3¢ | $281.8K | 472.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4699 | 60.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 61.0¢ | 7441 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SXL (ASX) Chart |