We can speculate on the recent selling but the truth is that there has been no news from SGR and for me personally no need to change my own investment thesis.
The positive case for SGR is a slow multi-year grind from here when the dust settles, so unless you are doing day or short term trading of it, the single % fluctuations of a few days don't matter much.
Ann: Trading Update, Cost Initiatives & Sydney Strategic Review, page-541
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Last
49.0¢ |
Change
0.010(2.08%) |
Mkt cap ! $1.405B | |||
| Open | High | Low | Value | Volume |
| 49.5¢ | 52.0¢ | 49.0¢ | $20.19M | 40.38M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 804608 | 48.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 76192 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SGR (ASX) Chart |