Sirtex Medical Limited (ASX: SRX) is an Australian Company which supplies approved cancer treatments globally. Sirtex has many manufacturing facilities across the United States, Germany as well as Singapore. Targeted radioactive treatment for live cancer called SIR-Spheres Y-90 resin microspheres is Sirtex’s main commercialized product. This treatment uses micro-particle technology to treat liver cancer. Evidently this treatment is also having capability of improving life expectancy of patients.
As at close of trading on September 13, 2018, Sirtex Medical’s securities stand suspended from quotation on ASX. This is in accordance with the listing rule 17.2; and as per the rule ASX may at any time suspend an entity’s security. Primarily, a scheme of arrangement under which Grand Pharma Sphere Pty Ltd, China Grand Pharmaceutical along with Healthcare Holdings Limited are acquiring the issued shares of Sirtex, has been approved by the Australian Securities and Investment Commission.
SRX shares traded at $33.550 as on 13 September 2018.
The Income available from dividends remains attractive for many investors.
We take a look at the best yields on the market and assess what they say about a company’s prospect.
One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”
ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.
Click here to get your free report.
The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.