The 'market' is disappointed that what was a growth stock on a PE of 20 is no longer a growth stock, hence it is being rerated downwards. The pressure on the share price at the moment must be some insto selling off - 10% of the share register has changed hands. Even with a lot of churn this is staggering compared with previous volumes. I expect a bounce from these levels. Just my opinion.
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My advice is free and worth ever cent
Ann: Update on Business Activities / Integration, page-78
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Last
36.5¢ |
Change
-0.005(1.35%) |
Mkt cap ! $386.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.0¢ | 36.0¢ | $1.171M | 3.209M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 45522 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 253920 | 9 |
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| Last trade - 11.59am 05/11/2024 (20 minute delay) ? |
| CAJ (ASX) Chart |