As I said before a lack of understanding who runs a business a lack of understanding how public companies work.
First; A chairman giving forecasts during an interview on Bell Potter on youtube would be an absurd place to release new market information. Second; Guidance would require making a statement to the ASX pre-open; not some rambling interview which is more of a marketing exercise. Third; a lot of companies do not provide guidance as they can get punished if they miss it. Giving guidance above what is currently in the models of the analysts would cause a re-rate only to be pounded down if the guidance is missed. There is little benefit and hence why a lot of companies don't do it unless they are extremely confident in exceeding current projections.
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$2.40 |
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Open | High | Low | Value | Volume |
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No. | Vol. | Price($) |
---|---|---|
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23 | 44924 | 2.380 |
15 | 31572 | 2.370 |
16 | 150421 | 2.360 |
15 | 84597 | 2.350 |
Price($) | Vol. | No. |
---|---|---|
2.400 | 19674 | 31 |
2.410 | 37100 | 21 |
2.420 | 69097 | 18 |
2.430 | 46150 | 14 |
2.440 | 109720 | 13 |
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