Huntley says the following;
SUN’s share price was already back to March 2000 levels but $4.50 is a whole new nadir. Major bank stocks have halved but at $4.50 SUN will be down nearly 80% from its $21.94 peak. And the stock will probably come back on lower than the raising price if experience with other recent capital raisings is any guide. Shareholders are paying a terrib
** I'm sure it will as with all the other raisnings TSE dropped from $3.50 to $1.25 , MGR, WBC, OEX,QAN and many more
Though at $4.50 is it safe or a good buy ???
Answer-should weather the recession from there , not sure whether it will be a great buy opportunity though -shareholders are getting screwwed
price after raising-read below
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SUN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.01 |
Change
-0.030(0.17%) |
Mkt cap ! $22.91B | |||
| Open | High | Low | Value | Volume |
| $17.98 | $18.16 | $17.86 | $22.59M | 1.254M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6790 | $17.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.02 | 5500 | 1 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| SUN (ASX) Chart |