No, we have not returned to normal. No there is no chance of that in the near future. Just because you are walking about and returning to your old life doesn't mean we are back in 'normal'.
The damage done by COVID, followed with end of a content contract, followed by end of JoobKeeper...
It is not pretty.
SXL is going to suffer for sometime in the doldrums, along with many others waiting for normality to return. A large proportion of small businesses are only just now having to own up to being insolvent, or "zombie" - that has an impact on media stocks. There will be a rocky tumble for the next three months until end of financial year results for many businesses come out.
Once that ugly period is behind us, then you may see a slow climb to normality.
SXL Time to Accumulate, page-255
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Last
53.0¢ |
Change
0.005(0.95%) |
Mkt cap ! $127.1M | |||
| Open | High | Low | Value | Volume |
| 52.5¢ | 53.0¢ | 51.5¢ | $115.5K | 223.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 44670 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 53.0¢ | 134853 | 2 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SXL (ASX) Chart |