Yes no doubt an over reaction.
However, just because they are cheap today doesn't mean they won't be cheaper tomorrow.
Picking bottoms is a fools game - remember tax loss selling in May may yet hit holders again in 8 weeks time. I have no idea when they will reach a bottom but from experience I think stocks bottom then rise, then bounce around the bottom for a while. Hopefully then there will be an upswing.
Every situation is different. This is a good company - very investable, I wish I knew just when to buy!
Ann: 2021 Full Year Results - Investor Presentation, page-130
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Last
$2.68 |
Change
0.080(3.08%) |
Mkt cap ! $7.915B | |||
| Open | High | Low | Value | Volume |
| $2.70 | $2.71 | $2.63 | $11.34M | 4.251M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 40730 | $2.67 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.69 | 9005 | 3 |
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| Last trade - 16.10pm 07/08/2024 (20 minute delay) ? |
| GQG (ASX) Chart |