It is dissapointing with the share price drifting down after a good announcement.I have been in and out of SSM a couple of times doing very well.Some things we should appreciate with SSM that I belive may have been overlooked in these uncertain times. (1)most of their work is recession proof, maintaining vital infratructure.(2)starting to gain important NBR work, which in itself may be low margin, but the associated connections and ongoing maintenance will prove valueble.(3)if share price remains low it may prove a tempting takeover target. BUT yes their is always a but is its debt a bit on the high side, present management doing well in reducing it.Really a company like this needs zero debt.Some zero debt shares I like AMM,BGL, CLV,XRF.
It is dissapointing with the share price drifting down after a...
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Last
$1.91 |
Change
0.010(0.53%) |
Mkt cap ! $1.176B | |||
| Open | High | Low | Value | Volume |
| $1.91 | $1.91 | $1.89 | $2.632M | 1.381M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15504 | $1.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.92 | 63558 | 2 |
View Market Depth
| Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
| SSM (ASX) Chart |