SRG srg global limited

1.50%

$1.64

Apologies for the rough calculationThat 1.12 is actually a...

First 7 Last

Share
Profile

Follow
TheFadz

6,942 Posts.

1185

01/10/24

08:27

Post #: 75918114
Share

Originally posted by TheFadz: ↑

There's the 1.12
So that's now accurately priced but with nowhere else to go until market conditions improve further (could take a while)

Now the nervous wait

1.235 is the next resistance but I don't think it has the legs to make it before a pullback of some sort (4th Oct is dividend payment date so they can try keep it up as high as possible until then at least to make shareholders overpay for the stock)
1.065 can try to be used as support but I doubt it holds (depends on sellers)
0.92 is still the last tested support level

But if this is a repeat of 2020/21 market conditions then every market pullback (no matter how deep) will be followed by accelerating gains & new highs (once they get rid of the day traders)

Long term target is well above 1.40 now
Depending on dividend upgrades, I could see $2+
That's all speculation & we need to start seeing improved reports & /or market conditions to start paying these prices

Expand

Apologies for the rough calculation
That 1.12 is actually a mistake as it is based off the old 4.5cent dividend

It should actually be 1.23 (5cent dividend) with a target of 1. 40 for a new dividend upgrade next year

Eventually with 6cent dividend & 3% interests rates we get $2 share price (long term targets)

SRG Price at posting: $1.11 Sentiment: None Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

RNU

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

ASE

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

FTL

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

SGQ

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

First 7 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $1.64		Change -0.025(1.50%)		Mkt cap ! $990.4M

Open	High	Low	Value	Volume
$1.66	$1.67	$1.63	$1.034M	631.6K

Buyers (Bids)

No.	Vol.	Price($)
1	10000	$1.63

Sellers (Offers)

Price($)	Vol.	No.
$1.65	2597	1

View Market Depth

No.	Vol.	Price($)
1	10000	1.630
1	30000	1.625
1	3068	1.620
1	613	1.615
1	3000	1.610

Price($)	Vol.	No.
1.670	23090	2
1.675	15403	1
1.680	7100	1
1.685	11917	3
1.690	60000	2

Last trade - 16.10pm 25/07/2025 (20 minute delay)

SRG (ASX) Chart

Apologies for the rough calculationThat 1.12 is actually a...

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Apologies for the rough calculationThat 1.12 is actually a...

Top Stories

What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA

Friday's HotCopper trends: Renascor concentrate, Larvotto raise | July 25

Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand

Astute delivers high-grade lithium hits at Red Mountain

ASX Market Close: Fading miners drag bourse as iron ore price slumps | July 25

Firetail scoops up untested land around Excelsior – including juicy mineralisation target

Rokeby, BHM, more: The 10 hot stocks HotCopper users watchlisted in Week 30

St George banks $5M from placement to ramp up Araxá Rare Earths Project

Most investors will get this earnings season wrong. Will you?

Listen: HotCopper Wire Podcast 019 – Dreaming of the 9,000s

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News