SIG is in the process of a merger with Chemist Warehouse. The news has been there for some time. They announced last week the ACCC doesn't oppose the merger = bullish SP. It opened 30% higher.
The merger price was around $2 a share and is now sitting around $2.50.
I never said it was easy to make money on the market, but knowing this is currently stagnant for the next 6-12 months, means there is 6-12 months of ventures elsewhere for people.
Even with major news from LDX, they need to bust through a .05c line which seems unobtainable at this point and would need drastic volume to breach.
Most people here would be breaking even above .05c.
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