The reason for the price drop is quite simple. This co. has great fundamentals but basically no earnings growth for 4 years, so has not been a buy for many people. On the 25/10/06 they announced 1st qtr profit had increased 15% approx. on previous financ. year. This was the trigger for me and several others to buy. I bought on that day at 72c and as you know it went up another 20%. They then put out the recent ann. saying full year profit is going to actually drop 10% approx. I sold out immed. as my whole reason for buying in the first place was gone. I am sure many others have done the same. I'm actually surprised the sp has held up where it is. By rights it should retrace back the 70c at least.
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Last
$1.32 |
Change
0.020(1.54%) |
Mkt cap ! $499.7M |
Open | High | Low | Value | Volume |
$1.30 | $1.34 | $1.30 | $61.37K | 46.79K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 2101 | $1.31 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.32 | 7603 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 2066 | 1.305 |
8 | 7912 | 1.300 |
6 | 49587 | 1.295 |
4 | 5583 | 1.290 |
4 | 61027 | 1.285 |
Price($) | Vol. | No. |
---|---|---|
1.315 | 9214 | 12 |
1.320 | 2478 | 5 |
1.325 | 8080 | 7 |
1.330 | 16941 | 7 |
1.335 | 1324 | 1 |
Last trade - 11.13am 15/11/2024 (20 minute delay) ? |
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