I think what’s affecting the price (apart from the inflation data today, which caused the whole market to self destruct), is that the two biggest car dealers on the ASX have both issued downgrades and have said people aren’t buying new cars. People extrapolate that to SIQ and MMS and it causes nervousness. How justified we will see in time. For people holding long term it’s not much of an issue. These cycles happen but I can’t see structural issues.
I think what’s affecting the price (apart from the inflation...
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Last
$17.52 |
Change
-0.170(0.96%) |
Mkt cap ! $1.220B | |||
| Open | High | Low | Value | Volume |
| $17.78 | $17.94 | $17.45 | $2.528M | 143.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2290 | $17.52 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.96 | 900 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MMS (ASX) Chart |