Too much 'over analysis' in my opinion.
Second cap rate means there are no more financing or debt risk.
Massive share dilution from all the capital raises, is now reflected in the share price.
Earnings after FY24 will start trending up (FY24 finishes in just 7 months) and the market looks ahead.
Those sweating on share loss positions and can't handle the loosing pressure have sold.
Buying support now outweighing selling pressure.
I took a second position on Friday.
Average cost for both positions $0.51
- Forums
- ASX - By Stock
- SGR
- Risks mitigated - what are you afraid of? SGR is a black friday bargain
Risks mitigated - what are you afraid of? SGR is a black friday bargain, page-91
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGR (ASX) to my watchlist
|
|||||
Last
58.0¢ |
Change
-0.005(0.85%) |
Mkt cap ! $1.663B |
Open | High | Low | Value | Volume |
57.0¢ | 58.0¢ | 55.0¢ | $8.139M | 14.30M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 182105 | 57.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
58.0¢ | 622242 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 182105 | 0.575 |
4 | 186047 | 0.570 |
4 | 373401 | 0.565 |
9 | 349115 | 0.560 |
4 | 105454 | 0.555 |
Price($) | Vol. | No. |
---|---|---|
0.580 | 622242 | 3 |
0.585 | 303581 | 10 |
0.590 | 751857 | 16 |
0.595 | 317069 | 7 |
0.600 | 950597 | 30 |
Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
Featured News
SGR (ASX) Chart |
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online