I'm not actually totally suprised by the market reaction. I thought the result was just okay in that the very strong first half with EBIT margins in the area of 27% obscured a second half (by my calculations) of much weaker EBIT margins - around where they have been historically. Please correct me if I'm wrong.
Ann: ADH FY2021 Results Announcement, page-34
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Last
$2.36 |
Change
-0.020(0.84%) |
Mkt cap ! $414.9M | |||
| Open | High | Low | Value | Volume |
| $2.38 | $2.38 | $2.29 | $1.889M | 804.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1252 | $2.34 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.37 | 26432 | 3 |
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| ADH (ASX) Chart |