After reading EGP capital note, I have a better understanding of the situation :
- the difference with today's situation : "3 main suppliers who currently directly supply > 50 independant stores [to move] in the SGI "buying group" with the revenue instead being directed via SGI ",
- the interest for the 3 parties involved : " this aims to create a win/win/win situation, whereby the suppliers get to deal with a single customer, of more secure financial status rather than >50 micro stores, the stores likewise consolidate more of their buying through a single store and SGI get to add scale...".
So, to get these 60 m$ additional revenues in FY 25, SGI needs to convince these > 50 independant stores to buy through SGI, rather than directly to their existing suppliers.
I wonder at what stage they are now in these negotiations.
After reading EGP capital note, I have a better understanding of...
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Last
22.0¢ |
Change
-0.005(2.22%) |
Mkt cap ! $22.20M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 21.5¢ | $50.02K | 232.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11200 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 48000 | 1 |
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| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
22.0¢ |
Change
-0.005 ( 4.35 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 22.0¢ | 21.0¢ | 30309 | ||
| Last updated 15.56pm 14/06/2024 ? | |||||
| SGI (ASX) Chart |