SDM
Click for more information
0.00% 94.5¢ sedgman limited

I sold @ 169 and plan to buy it back at around 140-145 (10%...

  1. tnabacus
    147 Posts.
    clock Created with Sketch.
    21/08/09
    15:50
    Post #: 5540091
    I sold @ 169 and plan to buy it back at around 140-145 (10% above the SPP $1.30), but be surprised to see such good buy-in support @ 155-160.

    Given the EPS is 15c, plus the SPP is only $1.30, you would expect the SP to drop to 140 range. Amazing.

    Any comments? Will we see the SP down to 140 level in the coming days?

    It's a good stock, but I don't want to over-pay for it.

    Thanks
    SDM Price at posting: $1.61 Sentiment: Buy Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

HRZ Horizon firms up ore reserve for Boorara ahead of FY25 Q1 development decision
right-arrow Created with Sketch.
TRP Tissue Repairs soars nearly 32% on TGA approval for wound healing gel
right-arrow Created with Sketch.
LKE Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach
right-arrow Created with Sketch.
MND Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
right-arrow Created with Sketch.
IGO IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
right-arrow Created with Sketch.
NEWS Real estate dynamics & changes raise investor doubt
right-arrow Created with Sketch.
watchlist Created with Sketch. Add SDM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.