Buyer beware. Worked in the past, same as last year due mostly to the cash splash....massive cash handouts that are now almost depleted (or will be soon enough, between divs and buy backs...)
the remaining $$$ depleting fast...mkts expecting a sweetener again, fum was crap and retail, your largest margin, in perpetual decline, its the anticipation of returns via cash handouts keeping the sp afloat..all temporary...like the useless bb...
avg fum is a pale of its former, fixed costs constant...squeeze will be on from this FY onwards...your trading range highly likely to narrow, or worse, Invert!
Shorters are crying, page-142
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Last
$8.95 |
Change
-0.070(0.78%) |
Mkt cap ! $1.627B | |||
| Open | High | Low | Value | Volume |
| $9.01 | $9.07 | $8.93 | $906.6K | 100.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 866 | $8.94 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.95 | 628 | 8 |
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| Last trade - 11.22am 06/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |