Smartgroup grew leases 15%; the market cut the shares nearly one-fifth

Smartgroup (ASX:SIQ) fell again after record H1 2026 earnings. EV demand, direct yields and owner cash explain the market's doubt.

30 Aug 2026|11:10am AEST

Market chart

SIQ · Smartgroup Corporation Ltd

Delayed close-price history through 28 August 2026.

Latest10.56+19.5%

Low 8.83 · 27 AprHigh 13.63 · 11 Aug

Window 24 Apr to 28 AugYahoo Finance, delayed

SIQ · Smartgroup Corporation Ltd chart data
Date	Close price
24 Apr	8.84
27 Apr	8.83
28 Apr	8.94
29 Apr	8.94
30 Apr	9.02
01 May	9.15
04 May	9.24
05 May	9.85
06 May	9.79
07 May	10.19
08 May	10.67
11 May	11.02
12 May	11.18
13 May	11.08
14 May	11
15 May	11.14
18 May	11.28
19 May	11.45
20 May	11.54
21 May	11.59
22 May	11.64
25 May	11.47
26 May	11.59
27 May	11.52
28 May	11.49
29 May	11.39
01 June	11.6
02 June	11.52
03 June	11.44
04 June	11.72
05 June	11.92
09 June	11.83
10 June	12.15
11 June	12.32
12 June	12.18
15 June	12.13
16 June	12.34
17 June	12.55
18 June	12.45
19 June	12.57
22 June	12.33
23 June	12.18
24 June	12.34
25 June	12.49
26 June	12.5
29 June	12.67
30 June	12.79
01 July	12.6
02 July	12.59
03 July	12.78
06 July	12.72
07 July	12.72
08 July	13
09 July	12.54
10 July	12.33
13 July	12.47
14 July	12.47
15 July	12.96
16 July	12.93
17 July	12.99
20 July	13.3
21 July	13.16
22 July	13.05
23 July	12.84
24 July	12.71
27 July	12.83
28 July	12.99
29 July	12.98
30 July	12.84
31 July	12.81
03 Aug	12.99
04 Aug	13.3
05 Aug	13.49
06 Aug	13.41
07 Aug	13.36
10 Aug	13.26
11 Aug	13.63
12 Aug	13.4
13 Aug	13.25
14 Aug	12.85
17 Aug	13.15
18 Aug	13.02
19 Aug	13.08
20 Aug	12.97
21 Aug	12.86
24 Aug	12.83
25 Aug	12.64
26 Aug	12.97
27 Aug	11.3
28 Aug	10.56

Latest research

Elastic N.V.|NYSE:ESTC|Information Technology

Elastic's 19% rally outran a $24 million GAAP operating loss

Elastic N.V. (NYSE:ESTC) rallied 19.3% after cRPO accelerated. The filed economics show how much cash conversion the new price assumes.

29 Aug 2026|11:27am AEST

Marvell Technology, Inc.|NASDAQ:MRVL|Information Technology

Marvell fell 10.3% because Google's $120 billion ceiling starts small

Marvell Technology, Inc. (NASDAQ:MRVL) fell 10.3% despite a raised outlook. The Google warrant shows why its $190 billion value demands fiscal 2029 cash.

29 Aug 2026|9:05am AEST

Watkin Jones plc|LSE:WJG|Real Estate

Watkin Jones's £61 million cash exceeds its equity value. Delayed sales explain why

Watkin Jones plc (LSE:WJG) fell 14.4% as forward sales slipped. Its £61m net-cash headline does not settle what owners can claim.

29 Aug 2026|7:09am AEST

McBride plc|LSE:MCB|Consumer Staples

McBride's Vestacy-led £170 million programme comes with a £25 million debt peak

McBride plc (LSE:MCB) jumped 23.1% on a £170m manufacturing partnership. The filings show why a £25m debt peak leaves little room for a slow ramp.

29 Aug 2026|5:20am AEST

ST BARBARA LIMITED|ASX:SBM|Materials

A$475 million cash, A$81 million ring-fenced: St Barbara's capital-return fork

St Barbara (ASX:SBM) jumped 20.3% after a 5-cent dividend and buy-back signal. A$81 million of its A$475 million cash remains ring-fenced.

28 Aug 2026|9:13pm AEST