SVW 1.06% $38.29 seven group holdings limited

Hi,Anyone have any views on Seven Group Holdings (SVW), has...

  1. 9 Posts.
    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.
 
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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
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Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
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