Ainsworth’s announcement is a bit ambiguous but they appear to be raising the half year pre tax profit forecast which was released in May by 15% from $20 to $23 m .
This is also considerably higher than lyr and yet the price moved backwards.
Maybe the negative comments regarding Argentina are the reason. It’s a pity the company made no attempt to quantify the possible outcomes in this region.
My personal sentiment is that the stock is worth owning .
Ann: AGI Release re Argentina Market & Financial Results, page-3
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Last
88.5¢ |
Change
0.010(1.14%) |
Mkt cap ! $298.0M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 90.8¢ | 87.0¢ | $31.64K | 35.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1139 | 88.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 91.5¢ | 209 | 1 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| AGI (ASX) Chart |