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
$3.30 |
Change
0.010(0.30%) |
Mkt cap ! $654.8M | |||
| Open | High | Low | Value | Volume |
| $3.35 | $3.40 | $3.20 | $797.1K | 240.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | $3.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.30 | 3755 | 1 |
View Market Depth
| Last trade - 16.10pm 16/10/2024 (20 minute delay) ? |
| SXG (ASX) Chart |