With sharemarket, more often than not, SP never ends up as good as we hope and never as bad as one may expect.
The UK goodwill writedowns will be bad, no doubt, the market knows this, hence why the stock is 83c after large bounce of low 60's range and down massively since the initial news.
Personally think the majority of bad news has already been accounted for in the current SP.
Downside 55-60c, upside unknown.
With sharemarket, more often than not, SP never ends up as good...
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Last
$46.25 |
Change
0.470(1.03%) |
Mkt cap ! $18.82B | |||
| Open | High | Low | Value | Volume |
| $47.03 | $48.25 | $45.84 | $14.91M | 322.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $46.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $46.50 | 2 | 1 |
View Market Depth
| Last trade - 16.10pm 18/11/2024 (20 minute delay) ? |
| SGH (ASX) Chart |