Gixxer, that's my interpretation, too. It will take clifford time to get the jlr system prepared, so ifm has its a renewal til end of 2017. Not sure that this is priced in, though. And short sellers grab at whatever straws of news they can to justify pummeling a stock. The massive sell volume (perpetual?) suggests rumours of something, butthe lack of announcement (so far) also has meaning.
JLR Microcat renewal, page-13
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Last
$1.46 |
Change
0.060(4.29%) |
Mkt cap ! $548.6M | |||
| Open | High | Low | Value | Volume |
| $1.40 | $1.47 | $1.40 | $223.0K | 153.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1794 | $1.44 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.46 | 11211 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| IFM (ASX) Chart |