2 steps forward one step backwards is still one step forwards.
I was looking through the old announcements and found where SGR raised 490 million to give 5% to that mob from Hong Kong at a price of $5.35 a share.
They are still holding and see value just in a longer time line is my guess.
Happy to hold, keep accumulating in the SMSF. The Brisbane wharf part of the portfolio looks exciting and I look forward to it being completed.
The divvy is a decent and the stock is collateral and allows you to place positions on it via exchange traded options so provides a lovely compounding effect via extra earnings on the share.
Im always glass half full unless management screws over share holders. Until then it's all good.
2 steps forward one step backwards is still one step forwards. I...
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Last
43.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.247B | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 42.5¢ | $8.806M | 20.23M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 480967 | 5 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
43.0¢ |
Change
0.000 ( 1.33 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 42.5¢ | 4900472 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| SGR (ASX) Chart |