Perhaps, its largest problem is Queensland (they have their HQ there for reasons that only a Government could explain). The Palaszscuk Government makes IAG more competitive against SUN.
SUN is also quite dramatically understaffed as a result of being Queensland HQ'd and the poor leadership that results. The customer experience reforms and Pip Marlow stuff fell apart because of that.
Somehow this will be a turnaround story at some point but it might not have hit the bottom not yet. The turnaround is the reason my sentiment remains a buy.
***fireworks soon***********, page-28
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Last
$16.42 |
Change
-0.380(2.26%) |
Mkt cap ! $20.89B | |||
| Open | High | Low | Value | Volume |
| $16.46 | $16.63 | $16.33 | $53.67M | 3.259M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 17916 | $16.42 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.43 | 81 | 1 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| SUN (ASX) Chart |