It was a madness, and massive overreaction. Company has strong fundamentals and proposed laws wont take effect till 2017. Every business adapts to regulation changes and I still believe this 80 year old firm can adjust around this. I think ASX should probe more deeply to see if there was any foul-play. Looks like stock was massively manipulated in last week. It gained more than 20% and then lost it all.
I would continue to hold shares in this company and believe it will turn this around. Planning to top-up further.
It was a madness, and massive overreaction. Company has strong...
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Last
$46.25 |
Change
0.470(1.03%) |
Mkt cap ! $18.82B | |||
| Open | High | Low | Value | Volume |
| $47.03 | $48.25 | $45.84 | $14.91M | 322.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $46.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $46.50 | 2 | 1 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| SGH (ASX) Chart |