SXE 2.56% $1.72 southern cross electrical engineering ltd

I was 50% in the hole with SRG but I doubled down and am now...

  1. 4,656 Posts.
    lightbulb Created with Sketch. 860
    I was 50% in the hole with SRG but I doubled down and am now back in the green over there.

    But given SXE's strong balance sheet I couldn't see much downside here at 0.45. I obviously got that one wrong. No chance of selling though unless that cash and those franking credits somehow disappear.

    There's not much free float here so I think it may be due to some funds selling down. From memory I believe it was removed from one of the indices recently.
 
watchlist Created with Sketch. Add SXE (ASX) to my watchlist
(20min delay)
Last
$1.72
Change
-0.045(2.56%)
Mkt cap ! $451.4M
Open High Low Value Volume
$1.76 $1.76 $1.72 $802.7K 462.4K

Buyers (Bids)

No. Vol. Price($)
1 230 $1.72
 

Sellers (Offers)

Price($) Vol. No.
$1.72 350 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
SXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.