There was a timely article by Marcus Pedley in the paper that suggested buying on days like today when the stock gets trashed is not a good idea. As he succinctly puts it..'do you really want to be buying an instos first line of stock'.
The question now is..if we are no longer paying for growth..what is the true worth of this stock?...I guess customers have voted with their feet..will the shareholders?
will it get whacked today?, page-7
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Last
81.5¢ |
Change
-0.015(1.81%) |
Mkt cap ! $677.9M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 83.0¢ | 81.0¢ | $1.008M | 1.230M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 7188 | 81.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 82.5¢ | 96969 | 1 |
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| Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
| MYR (ASX) Chart |