All valid points and agree on most levels but was going long on this stock anyway, so I'm thinking of riding the storm.
The question I would have is, without the Fairfax article, would the profit downgrade alone cause a fall from $4.40 to $1.98? I still think there may be a bit of negative sentiment in there that may evapourate over time. Though I'm sure most of you all on here are much more experienced than I am, and I may just look a little silly right now.
RFG is strong, cheap and high yielding, page-146
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Last
7.2¢ |
Change
-0.002(2.70%) |
Mkt cap ! $179.2M | |||
| Open | High | Low | Value | Volume |
| 7.5¢ | 7.6¢ | 7.1¢ | $266.1K | 3.651M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 253848 | 7.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 7.3¢ | 152189 | 4 |
View Market Depth
| Last trade - 13.26pm 20/08/2024 (20 minute delay) ? |
| RFG (ASX) Chart |