Seems that there could be tie up between the articles and the shorters, that is the perception it all gives - stranger things have happened. Money is a powerful motivator. I think by now everyone has noticed that the media is largely personal attack based and not business based. Even then comments on the business are usually way off the mark or just plain wrong. The market is becoming very accustomed to the attacks and lately some up days have followed.
Because its personal and not business orientated attacks it eventually will likely have the opposite effect to that intended by the shorters.
In the end though the settling of the price at around these levels is a good thing. It will give eventually provide a good base to move up from.
CTD would pretty much know what the EBITDA will be for the year and they would be quite relaxed about it - they would have known for quite a while.
Don't be surprised if Jamie pulls an old trick of his own. I have seen it countless times. Get a broker to reduce market expectations slightly not to long before reporting season - Tick done. Then report exceeding the original expectations - favourable exchange rates should adds millions to EBITDA alone. The market dutifully reacts leaving shorters a little short. Then while the shorters stay on board ensure future targets are very, very, very achievable and exceeded each time. Believe me its not always one way in these games. I will probably get a ticket for blabbing all this but i'm past all that.
- Forums
- ASX - By Stock
- CTD
- Ann: Appointment of new Global CFO
Ann: Appointment of new Global CFO, page-11
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTD (ASX) to my watchlist
|
|||||
Last
$12.14 |
Change
0.210(1.76%) |
Mkt cap ! $1.776B |
Open | High | Low | Value | Volume |
$11.92 | $12.23 | $11.82 | $8.944M | 739.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 782 | $12.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.22 | 1816 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 782 | 12.140 |
4 | 13626 | 12.130 |
1 | 1752 | 12.120 |
2 | 3707 | 12.110 |
3 | 5725 | 12.100 |
Price($) | Vol. | No. |
---|---|---|
12.220 | 1816 | 2 |
12.230 | 7308 | 2 |
12.250 | 14143 | 3 |
12.260 | 3643 | 1 |
12.280 | 3643 | 1 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
Featured News
CTD (ASX) Chart |