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
Huntley says the following;SUN’s share price was already back to...
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Last
$20.62 |
Change
-0.320(1.53%) |
Mkt cap ! $22.33B | |||
| Open | High | Low | Value | Volume |
| $20.76 | $20.80 | $20.52 | $36.04M | 1.749M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 48736 | $20.62 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.63 | 1325 | 2 |
View Market Depth
| Last trade - 16.10pm 17/09/2025 (20 minute delay) ? |
| SUN (ASX) Chart |