SXG is now churning through the old resistance/shareholders - it's been here twice before. Third time lucky. (2Yr daily chart)
SXG 2 year (weekly) chart compared with MAW 5 Year (weekly) below. So MAW are making higher highs (over the last 2 year interval) even though they have reduced from 60% to 51% SXG ownership. Whereas SXG have the resistance of the old highs to overcome.
At current prices SXG Cap A150m est for 100%, MAW Cap A110m est equivalent for 51%.
Feels a bit like a cork in a champagne bottle scenario.
SXG is now churning through the old resistance/shareholders -...
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Last
$2.75 |
Change
-0.090(3.17%) |
Mkt cap ! $545.7M | |||
| Open | High | Low | Value | Volume |
| $2.94 | $2.95 | $2.75 | $414.6K | 146.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 2198 | $2.75 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.80 | 728 | 1 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SXG (ASX) Chart |