That may be the case, but they have just extended the recovery outlook to q4 with the q3 outlook looking poor IMO based on a short term view. You might still get a lower cost entry.
They are cutting costs in an inflation effected market with personnel costs rising. Risk of Chainsaw Dunlap type effects - even if they have been successful in the past.
I shorted on the rally for the day, or whatever - I think it was bought because the CEO said it was an OK result. See what happens.
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Last
$14.06 |
Change
0.200(1.44%) |
Mkt cap ! $8.855B | |||
| Open | High | Low | Value | Volume |
| $13.90 | $14.12 | $13.90 | $56.13M | 4.010M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 7329 | $14.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.07 | 9153 | 15 |
View Market Depth
| Last trade - 14.23pm 23/06/2025 (20 minute delay) ? |
| AMC (ASX) Chart |