Yes really surprised at the drop - trading results were pretty solid I thought and looks like the acquisition of MacPac is going well. I'm not close enough to the company to comment though on the CEO leaving.
SUL does have a history of dropping on announcements though with a similar drop last year off the top of my head. Assume this one, being a retail stock, is on short-sellers radars and they smell blood on any hint of negative news.
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- Ann: Trading Update October 2018
Ann: Trading Update October 2018, page-7
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Last
$17.87 |
Change
0.170(0.96%) |
Mkt cap ! $4.035B |
Open | High | Low | Value | Volume |
$17.84 | $17.92 | $17.42 | $15.42M | 869.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4039 | $17.84 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.90 | 935 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2802 | 17.840 |
2 | 200 | 17.600 |
1 | 173 | 17.500 |
1 | 500 | 17.450 |
1 | 2000 | 17.430 |
Price($) | Vol. | No. |
---|---|---|
17.980 | 4538 | 1 |
17.990 | 1720 | 3 |
18.000 | 3469 | 5 |
18.070 | 41 | 1 |
18.240 | 1550 | 1 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
SUL (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
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