I think it's a combination of a couple of factors:
- Cutting EBITDA guidance from $27m to $28m, previously $27m to $30m, and blamed on costs.
- RBA is very likely to lift interest rate tomorrow, consensus 0.5%, so that will f up growth stocks.
- ABB share price has been benefited from the UWL takeover.
- Market is very wobbly today
Still a good long term hold for a. growth and b. the M&A in the telco & infrastructure sector is still going very strong.
Ann: 3Q FY22 Trading Update, page-12
-
- There are more pages in this discussion • 60 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add ABB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.41 |
Change
-0.050(1.45%) |
Mkt cap ! $1.006B | |||
| Open | High | Low | Value | Volume |
| $3.46 | $3.48 | $3.38 | $1.036M | 303.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 29 | 3288 | $3.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.41 | 2099 | 8 |
View Market Depth
| Last trade - 13.55pm 01/07/2024 (20 minute delay) ? |
| ABB (ASX) Chart |