I think you are getting warm BellGuide3124.
The big boys WES and COL will scramble for equivalent position once either enters the healthcare space. Disclosing profit downgrade and operational problems buys a bit of time for the new CEO to outline his blueprint.
SIG will complete their final logistics warehouse next year and I would expect another sale/leaseback deal to recoup all cap ex and put the business back into industry growth mode and a dividend payout mindset.
There will always be challenges in this sector, but looking a couple of years out I really don't see the SP anywhere near the current price. A re-rate is very likely irrespective of M & A activity.
GLTASH
I think you are getting warm BellGuide3124.The big boys WES and...
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Last
$1.28 |
Change
0.020(1.59%) |
Mkt cap ! $2.080B | |||
| Open | High | Low | Value | Volume |
| $1.27 | $1.29 | $1.26 | $3.296M | 2.581M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 84753 | $1.28 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.28 | 3446 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| SIG (ASX) Chart |