To your 2 suggestions I'd add the expected retreat of the virus with vaccinations but I expect that's also the key foundation for any positive revaluation in June.
Beyond that, any possibility that SCG might be thinking about taking out the remaining minority holders should give it a kick along.
I think that's about it although if we even get back to a 15c half yearly distribution for the next half that should support a trading range somewhere above $5 on its own.
This is now my second largest holding so fingers crossed it's all upwards from here.
To your 2 suggestions I'd add the expected retreat of the...
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Last
$4.30 |
Change
-0.110(2.49%) |
Mkt cap ! $340.8M | |||
| Open | High | Low | Value | Volume |
| $4.41 | $4.41 | $4.30 | $3.962K | 915 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2999 | $4.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.38 | 800 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$4.31 |
Change
-0.110 ( 1.78 %) |
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| Open | High | Low | Volume | ||
| $4.34 | $4.35 | $4.31 | 224 | ||
| Last updated 14.20pm 28/05/2024 ? | |||||
| CDP (ASX) Chart |