It seems that the mid large caps come out with announcements like 'dividends slashed' / 'profit cut' blah blah and then shoot 3-10% on open ..it is like the market is relieved to hear the news and can now price more effectively? Today CSR and PMV ...hmm.
Following this buy CBA as it reports tomorrow with slashed profits may or may not keep dividend ..likely shoots 5% on open?
- Forums
- ASX - Day Trading
- Morning trading May 12
Morning trading May 12, page-145
-
-
- There are more pages in this discussion • 235 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
Featured News
The Watchlist
RCE
RECCE PHARMACEUTICALS LTD
James Graham / Dr Alan Dunton, MD & CEO / Non-Executive Director
James Graham / Dr Alan Dunton
MD & CEO / Non-Executive Director
SPONSORED BY The Market Online