Have done some further reading. The remaining 1.5B i mentioned earlier now has only about 850m unawarded to bidders. Even if SSM doesn't win a part of that the current 484m is still just a fraction of the 24Billion required to complete NBN rollout. SSM in JV with Lend Lease in a strong position to win more work.
Appears a big seller using today's news to exit. Once he is gone i expect we'll move upwards.
Have done some further reading. The remaining 1.5B i mentioned...
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Last
$2.00 |
Change
0.010(0.50%) |
Mkt cap ! $1.225B | |||
| Open | High | Low | Value | Volume |
| $1.99 | $2.00 | $1.96 | $275.7K | 139.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 8910 | $1.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 15652 | 25 |
View Market Depth
| Last trade - 13.15pm 01/08/2025 (20 minute delay) ? |
| SSM (ASX) Chart |