market is having a bi-polar reaction to this announcement.. they don't know how to interpret it.. first it jumped on 'good news' then the herd started running thinking the good news was not good enough.. but Bell Potter platform shows more buyers than sellers and for a greater volume so should stabilize by end of day.
my reading of the report is it's good news; not burning cash and management is not standing still, lots in the pipeline.
Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-13
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Last
72.0¢ |
Change
-0.015(2.04%) |
Mkt cap ! $299.9M | |||
| Open | High | Low | Value | Volume |
| 73.0¢ | 73.0¢ | 71.3¢ | $18.99K | 26.30K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8766 | 71.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.5¢ | 3221 | 2 |
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| Last trade - 10.19am 19/07/2024 (20 minute delay) ? |
| PLY (ASX) Chart |