Given the many, many, many pages of risks one would have to assume that there is more money to be raised in the future.
Just as it came to pass that the $1.20 rights issues looked like good value at the time but subsequently the share price dropped to current levels, so too 60 cents seems, at least to some, good value right now but I would argue is more likely to be available on market at less than 60 cents in the next 6 months. Let's see. I'll be investing elsewhere and keeping my current holding as is, albeit diluted as it will surely be.
Here's hoping that the bright side is we survive and dividends starts again some time around the Olympics.
That way I can leave this parcel to my kids instead of profiting in my lifetime - gotta look for a silver lining, right?!
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Last
49.5¢ |
Change
-0.010(1.98%) |
Mkt cap ! $1.419B |
Open | High | Low | Value | Volume |
50.0¢ | 50.5¢ | 49.5¢ | $2.231M | 4.476M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 928140 | 49.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.0¢ | 80187 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 688487 | 0.495 |
28 | 408341 | 0.490 |
11 | 384016 | 0.485 |
30 | 553950 | 0.480 |
5 | 179397 | 0.475 |
Price($) | Vol. | No. |
---|---|---|
0.500 | 69388 | 2 |
0.505 | 337022 | 5 |
0.510 | 176709 | 6 |
0.515 | 230981 | 4 |
0.520 | 160923 | 10 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
SGR (ASX) Chart |
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