Hi Robbbbbbb,
From a fundamental view, I think the market wants to know who the next CEO is going to be "if they can find one."
Smart Investor talked about SUN in their April 09 edition page 20. Broker price targets for the company are coming in at about $6.50 to $7.50.
Yielding over 6%, 20c a share EPS has dropped. They rejected the offer from ANZ in Oct, (When she was around the $8.50 mark)... but now she is less that $6bucks, just had a cap raise(balance sheet is sound), if ANZ not buying, doesn't mean others won't. Anyway, the other half of the world rallied hard last night, if Monday, SUN is still dropping another 2~3%...something is not right.
Hi Robbbbbbb,From a fundamental view, I think the market wants...
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Last
$16.82 |
Change
0.140(0.84%) |
Mkt cap ! $21.40B | |||
| Open | High | Low | Value | Volume |
| $16.80 | $16.83 | $16.68 | $36.42M | 2.170M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8742 | $16.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.82 | 704 | 1 |
View Market Depth
| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| SUN (ASX) Chart |