Class actions rarely go ahead or succeed in the absence of regulatory mischief. ASIC inquiries were to do with carrying value of WIP in light of recent AASB 15 accounting changes which are more conservative. They made SHJ mark their WIP down by 10% and SGh by 5%.
Newcrest was fined by ASIC for disclosure breaches and settled a class action. 27% of the write down was due to the Osbourne changes. This is out of the hands of the company.
- Forums
- ASX - By Stock
- SGH
- Class actions dead in the water
SGH
sgh limited
Add to My Watchlist
1.10%
!
$51.40

Class actions dead in the water, page-3
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$51.40 |
Change
-0.570(1.10%) |
Mkt cap ! $20.91B |
Open | High | Low | Value | Volume |
$52.74 | $52.74 | $51.24 | $18.10M | 351.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 245 | $51.20 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$51.46 | 1043 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 245 | 51.200 |
2 | 443 | 51.130 |
1 | 115 | 51.100 |
1 | 55 | 51.010 |
1 | 350 | 51.000 |
Price($) | Vol. | No. |
---|---|---|
51.460 | 1043 | 5 |
51.520 | 736 | 1 |
51.550 | 487 | 2 |
51.580 | 512 | 1 |
51.590 | 445 | 1 |
Last trade - 16.10pm 04/07/2025 (20 minute delay) ? |
Featured News
SGH (ASX) Chart |
The Watchlist
NUZ
NEURIZON THERAPEUTICS LIMITED
Dr Michael Thurn, CEO & MD
Dr Michael Thurn
CEO & MD
SPONSORED BY The Market Online