14M shares bought today. So its some kind of absorption...

  1. 6,527 Posts.
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    14M shares bought today. So its some kind of absorption happening.

    The insiders know the turnaround is happening or smart ones. Debt is refinanced and operations are stabilising.

    The $30M restructuring cost will provide savings.

    The management meeting key stakeholder groups mean negotiations with NHIL will settle.

    Being breakeven or close to it means other partys delaying settlements will need to come to the party as the problem (SGH) is not going anywhere and process of frustration and deeper pockets can't be continued.
    Last edited by Nightmarez3k: 30/08/16
 
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(20min delay)
Last
$51.76
Change
0.150(0.29%)
Mkt cap ! $21.03B
Open High Low Value Volume
$51.16 $51.78 $51.03 $13.29M 258.2K

Buyers (Bids)

No. Vol. Price($)
2 449 $51.59
 

Sellers (Offers)

Price($) Vol. No.
$51.84 449 4
View Market Depth
Last trade - 16.10pm 21/07/2025 (20 minute delay) ?
SGH (ASX) Chart
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