I would think an oligopoly PBS wholesaler selling the same products at one price to its majority owners and at a higher price to its smaller retail customers (the independant pharmacists) is worth a look by the ACCC.
CW is a juggernaut Priceline is a minnow.
This is a substantially different business model to WES and API posing a substantial threat to genuine competition and exerting inequitable market power.
As a significant holder, l should care less, money is in the bank. But somehow as a citizen, l cannot help but sense this is a very bad outcome for all customers who rely on the care and expertise of their local pharmacist. I find it to be like selling grog from a vending machine and suggesting no one will be adversely affected.
With entitlements now in hand at 70c, l am happy selling a 6 figure sum of stock every day, as l have, to reduce my position.
I am not so financially foolish to sell out in total as buyers are still excited and the ACCC may indeed intervene.
After years of relatively passively holding SIG, I now watch this stock daily and actively lighten my position whilst building a bank of cash to deploy on the next fallen ASX angel. I don't know what it is yet, but l am confident 2024 will offer me many choices.
GLTASH
- Forums
- ASX - By Stock
- News: SIG Sigma Healthcare Announces Completion Of Institutional Entitlement Offer
I would think an oligopoly PBS wholesaler selling the same...
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SIG (ASX) to my watchlist
|
|||||
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. |
---|---|---|
$1.28 | 3446 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 9647 | 1.270 |
1 | 9647 | 1.265 |
2 | 11650 | 1.260 |
3 | 10498 | 1.255 |
4 | 14207 | 1.250 |
Price($) | Vol. | No. |
---|---|---|
1.285 | 45147 | 2 |
1.290 | 39647 | 2 |
1.295 | 14024 | 2 |
1.300 | 191736 | 12 |
1.305 | 61185 | 4 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
SIG (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online