sell-off overdone?, page-2

  1. asf
    9,887 Posts.
    Pistol, check out how wrong The Australian (via Dow jones newswrie) got the story wrong today:

    http://www.theaustralian.com.au/business/industry-sectors/graincorp-lifts-dividend-payout-as-malt-business-brews-net-profit-jump/story-e6frg95o-1225960735475

    This part:

    "Shares in Graincorp today gained 1.55 per cent, tacking on 12c to $7.85, just off a $7.87 high."

    :+/

    I have no idea why you got hammered today- you had a 27% increase in net profit, and an increase in dividend. Perhaps it was GNC suggesting a cautious approach, that sent some kind of message. Unless there's some other evidence, it looks like the market was harsh. Maybe the market expected a great increase in profit?

    Your graph has looked fantastic though- great left to right incline happening there. I don't hold, but I was interested to see such a hammering today for GNC.

    Good luck to holders.

 
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(20min delay)
Last
$7.59
Change
0.020(0.26%)
Mkt cap ! $1.687B
Open High Low Value Volume
$7.72 $7.81 $7.56 $7.452M 974.6K

Buyers (Bids)

No. Vol. Price($)
1 750 $7.57
 

Sellers (Offers)

Price($) Vol. No.
$7.60 1850 1
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
GNC (ASX) Chart
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