SIG 1.59% $1.28 sigma healthcare limited

I would think an oligopoly PBS wholesaler selling the same...

  1. 1,694 Posts.
    lightbulb Created with Sketch. 2008
    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



 
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