"I disagree, SH are concerned and Radio silence from the company after a relentless and significant fall in SP is poor, the SP has been as high as 76 dollars. The SP has been falling over a few weeks, the broker downgrade came thru only today. I mean when else would the company care to address concerns."
Well, maybe the level from which the share price started to fall, namely $76, was simply too high, and it overvalued the stock. (In fact, I'm sure it was overvalued at that point).
So why is it the job of Investor Relations departments to placate the concerns of investors when share prices fall from being overvalued?
I mean, they didn't provide a running commentary when the share price went stratospheric from $20 to $80 in just a few short years, so why should they be now commenting when the stock retraces some of those extraordinary gains?
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Last
$47.49 |
Change
0.490(1.04%) |
Mkt cap ! $10.91B |
Open | High | Low | Value | Volume |
$47.00 | $47.68 | $47.00 | $17.53M | 369.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 244 | $47.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$47.50 | 100 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 47.300 |
1 | 25 | 47.250 |
1 | 78 | 47.000 |
1 | 11 | 46.950 |
1 | 21 | 46.780 |
Price($) | Vol. | No. |
---|---|---|
47.600 | 428 | 1 |
47.690 | 500 | 1 |
47.700 | 1078 | 2 |
47.780 | 342 | 1 |
47.810 | 2366 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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