It's not pretty, but in the context of the last week on the ASX and the global markets right now?
My entire watchlist is deep in the red and has been for many consecutive days. Plenty of stocks getting pummeled, especially speculative stocks.
CBR should be providing a quarterly update on Friday.. expect more of the same considering they said in the last update that H1 FY22 was not looking great but H2 FY22 should see a turn around. We shall see.
The Mustang factory closing again due to the semi-conductor shortage last week, and the Corvette factory Union workers about to go on strike might also be driving the price down too.
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- Broker report 10th Dec - Accumulate
Broker report 10th Dec - Accumulate, page-27
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