All comes down to result. Ahead of their Capital Raising projections with positive outlook and it should drift back up towards or beyond 90c but any combination of:
COVID headwinds
Unforeseen additional costs
Loss of contracts
Challenges in the merger
Below expectations etc etc
And a slow grind of disappointment beckons. Services company mergers aren't easy and SRG took years to right size their structure (cut costs). SSM Board and Management seemingly wanted this, if it turns into a debacle I hope those responsible have the decency to resign.
All comes down to result. Ahead of their Capital Raising...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.99 |
Change
0.055(2.85%) |
Mkt cap ! $1.222B | |||
| Open | High | Low | Value | Volume |
| $1.93 | $2.00 | $1.92 | $1.859M | 942.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11101 | $1.97 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.00 | 88778 | 9 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| SSM (ASX) Chart |