very poor earnings miss vs market expectations, at least a 10% earnings miss.
Market is not happy, this stock is going into the sin bind for several months at least.
Watching on the sidelines, but given the earnings miss there is a high probability of CGF shares dropping further.
No need to take a position yet, especially as FY24 guidance is disappointing as well.
I am staying on the sidelines and waiting for the share price to decline futher
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Last
$6.72 |
Change
0.070(1.05%) |
Mkt cap ! $4.646B |
Open | High | Low | Value | Volume |
$6.66 | $6.74 | $6.56 | $8.183M | 1.225M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2269 | $6.68 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.72 | 13624 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2269 | 6.680 |
1 | 400 | 6.600 |
3 | 3602 | 6.540 |
1 | 2200 | 6.510 |
4 | 15942 | 6.500 |
Price($) | Vol. | No. |
---|---|---|
6.750 | 1500 | 1 |
6.770 | 1600 | 1 |
6.790 | 850 | 1 |
6.800 | 1227 | 2 |
6.810 | 5444 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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CGF (ASX) Chart |