Very good pick.. !
This is called dodgy announcement. First they scared the market with very very bad picture so price went down the hill only to show they doing good by announcement like this.
In reality they were showing situation more worst then what it would be in previous announcement and then giving better output (even though it is bad) to show management is performing .. !
old trick tried by many again and again and many even fall for that !
Ann: FY24 Trading Update, page-5
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Last
55.5¢ |
Change
-0.020(3.48%) |
Mkt cap ! $213.4M | |||
| Open | High | Low | Value | Volume |
| 57.5¢ | 57.5¢ | 55.5¢ | $18.75K | 33.00K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2720 | 54.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 56.0¢ | 50740 | 1 |
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| Last trade - 15.39pm 19/08/2024 (20 minute delay) ? |
| MHJ (ASX) Chart |