Hi,
Anyone have any views on Seven Group Holdings (SVW), has dropped far since merger and acquisition of Westrac.
See that Westrac has been in the news given the possible effect of the resources tax levy (http://www.theaustralian.com.au/business/levy-a-threat-to-westrac-earnings/story-e6frg8zx-1225862771732)
Dropped to old support of around $7.00 so far today, a drop of 27c. Has it got further to drop or do we expect a recovery in the short term once the resources tax worries level out ?
Seems to make this stock vulnerable to two sectors now as well, with media and resources.
svw and westrac resource tax worries
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Last
$38.29 |
Change
0.400(1.06%) |
Mkt cap ! $15.58B | |||
| Open | High | Low | Value | Volume |
| $38.31 | $38.41 | $38.05 | $9.177M | 239.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 427 | $38.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $38.29 | 354 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| SVW (ASX) Chart |