I speculated similarly to you after their response and was roundly denounced by Madam (probably reasonably) but the alternative scenarios also seem a bit bizarro to me as well. The full amount on the balance sheet? No financial impact this FY or next? After that adjudication?
I believe I was accused of wishful thinking or similar although at that point our learned poster hadn't familiarised themselves with the adjudication.
I'm holding off any more comments for the time being because no option appears particularly compelling. I simply don't know enough.
I'm prepared for further bad news but unless they end up digging a big hole for themselves I'm hoping the absolute worst is a wipeout of six months earnings.
The Director purchase announcements today didn't hurt my sentiment either.
I speculated similarly to you after their response and was...
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SXE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.57 |
Change
-0.015(0.95%) |
Mkt cap ! $414.9M | |||
| Open | High | Low | Value | Volume |
| $1.56 | $1.59 | $1.55 | $406.2K | 259.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 5454 | $1.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.57 | 1264 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| SXE (ASX) Chart |