Instead of giving him a positive response the shares sell down and keep on leaking like a slow balloon - any ideas as to why?
Combination of stock overhang as you mention later in your post and uncertainty about what they'll get for the non-core brands and what the sale will mean for the Food Division EBIT.
Ann: Sale of Non Core Brands , page-3
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Last
$3.95 |
Change
0.410(11.6%) |
Mkt cap ! $478.1M | |||
| Open | High | Low | Value | Volume |
| $3.65 | $3.96 | $3.65 | $1.359M | 352.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 876 | $3.90 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.96 | 1147 | 1 |
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| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| SHV (ASX) Chart |