The result was fine.
It’s the uncertainty caused, IMO by a poorly worded phrase on the call by CEO.
Reality is WOW will still lean on ING heavily & the yield is now circa 7% for a consumer staple company.
Pretty obvious overreaction.
Ann: ING FY2024 Full Year Financial Results Announcement, page-24
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$3.09 |
Change
-0.780(20.2%) |
Mkt cap ! $1.148B | |||
| Open | High | Low | Value | Volume |
| $3.50 | $3.51 | $3.05 | $61.32M | 19.50M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1618 | $3.09 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.10 | 36959 | 4 |
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| ING (ASX) Chart |