YOW 0.00% 2.5¢ yowie group ltd

Ann: September 2016 Quarterly Report and Appendix 4C-YOW.AX, page-126

  1. 410 Posts.
    lightbulb Created with Sketch. 14
    Yeah, rough day. If you want to look for the positives, 1.5m shares traded - that's a sizeable dump and still closed at 60c so could have been worse. Plus that's the 2nd time YOW has dropped into the mid 50s and found support there (last time early April before the sharp price spike - let's hope for a repeat). Guess we'll see tomorrow if we have found a new trading range around the high 50s or if there will be more pain.

    If, as Langers said, YOW had a really good October I would be hoping by the end of next week they would be rushing out an announcement blowing that particular trumpet. Unfortunately I think it would need to be pretty exceptional to really start an upward movement but just good would hopefully provide some support. Then soon after, hopefully, an announcement that 2nd wrapper commissioned and, ideally, some indication that machine will be wrapping Yo Kai Watch products with some strong interest from retailers. I can't think of anything else that might be in the immediate pipeline.

    Need something to change the momentum, even if the price holds up ok tomorrow it will only hold for so long.
 
watchlist Created with Sketch. Add YOW (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.