Hi @munchy and @Resolute7
It is disappointing how the market has reacted to todays announcement.
My take on it is that the results were anticipated and are lesser than what was expected (compared to previous recent results).
Also the market price has dropped towards the lower / bottom side of the Bollinger Bands indicating it may be oversold.
Finally trading so far today has been on relatively low volumes hence the price volatility.
To end on a positive - there is much room for improvement which I firmly believe will happen .
Regards
GLTAH DYOR
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Last
52.5¢ |
Change
0.035(7.14%) |
Mkt cap ! $327.1M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 52.5¢ | 48.0¢ | $1.946M | 3.769M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 25000 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.5¢ | 44999 | 2 |
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| Last trade - 16.10pm 31/07/2024 (20 minute delay) ? |
| PMT (ASX) Chart |