Why would they be nervous when everytime it goes higher it becomes even more overvalued? This stock is no longer a market darling, if you think it is then you're living in the past business cycle. This is what happens in business cycles, the once efficient become unefficient due to innovation and changing behaviours (ie. consumers). This stock doesn't warrant a market cap of $1.15Billion, that's still a huge valuation for this company.
shorters, page-7
Add JBH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$78.37 |
Change
-2.390(2.96%) |
Mkt cap ! $8.590B | |||
| Open | High | Low | Value | Volume |
| $80.25 | $80.44 | $78.36 | $16.56M | 209.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 55 | $78.37 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $78.38 | 114 | 11 |
View Market Depth
| Last trade - 14.10pm 18/09/2024 (20 minute delay) ? |
| JBH (ASX) Chart |