GooseMaghee
I agree - it is not a bad report---it is just NOT A GOOD one!
Turnover across the company has not shrunk (absent the WA issue, revenue by the rest of the company rose by $9 M or 8.5% ).
The sell off is overdone- probably due to all of the red ink across the market today.
Let's see what happens in the next few days-by way of some encouragement, PAN put out ACTUAL bad news recently and it's SP dropped from $0.28 to $0.185 on that day- only to rebound to $0.24 the next day on strong volume once the 'panic' subsided.
Ann: Half Year Market Update, page-11
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Last
44.0¢ |
Change
0.020(4.76%) |
Mkt cap ! $728.3M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.5¢ | 42.5¢ | $861.6K | 1.972M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 111901 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 51934 | 3 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| PGC (ASX) Chart |