The commencement in the rise in the Breville share price almost perfectly co-incided with the realization of Cam's "worst case scenario" (the complete loss of the Kureg distribution arrangement).
Seems that the 'fear' of this worst case scenario was more damaging to sentiment than the 'realisation' of it actually happening. Markets hate uncertainty, and just being able to now put the issue to bed has allowed the market to move forward.
breville targets growth markets, page-16
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Last
$27.14 |
Change
-0.240(0.88%) |
Mkt cap ! $3.892B | |||
| Open | High | Low | Value | Volume |
| $27.40 | $27.75 | $26.95 | $4.693M | 172.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 1258 | $27.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $27.23 | 298 | 2 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| BRG (ASX) Chart |