What, sell everything on the ASX you reckon?
Throw them all out?
All the money laundering/ anti-trust affected stocks are probably close to their record highs for a long while but there is still some value.
There are likely to be a lot of mergers and takeovers across the ASX if SGR Collapses due to the contagion.
Superannuants, many of them under 60+ years of age can't get their money out the way I understand superannuation down there.
12% or something of every worker's earnings deteriorates through no fault of the workers.
12% of every worker has been working for next to nothing.
Better hope that the super fund of those poor workers down in Australia was invested overseas and not in the ASX?
Superannuation should probably be closed down as a result of this SGR collapse scandal. That nearly happened when Babcock and Brown collapsed but the newly elected Rudd Government kept it going.
If SGR collapses, the Government of the day when the super funds get hit with the market turmoil may not be as forgiving as the Rudd Government.
I suspect the ALP Government will have to do something for SGR sholders and it will not collapse.
Otherwise the whole of Australia's "superannuation" system, never replicated in any form elsewhere in the world, will be completely trashed.
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What, sell everything on the ASX you reckon? Throw them all out?...
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Last
14.0¢ |
Change
-0.005(3.45%) |
Mkt cap ! $401.6M |
Open | High | Low | Value | Volume |
14.5¢ | 14.5¢ | 13.5¢ | $2.385M | 16.70M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
59 | 5103541 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.5¢ | 2219766 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
58 | 5028541 | 0.135 |
49 | 1705400 | 0.130 |
28 | 1139380 | 0.125 |
52 | 3274004 | 0.120 |
18 | 843757 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.145 | 2219766 | 15 |
0.150 | 4655205 | 42 |
0.155 | 1019597 | 18 |
0.160 | 1944234 | 36 |
0.165 | 1430992 | 20 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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SGR (ASX) Chart |