Has the market over -reacted?
HC MC was $74.14 - market has taken 14.56% off the MC after this announcement. Now trading just shy of half its MC reached back in Feb. this year.
There's been a regular trickle of shares slowly eroding ASH's MC for months - the volumes appear rather small relative to where ASH's MC was in Feb. - so at this point has ASH been oversold?
The profit & write-offs from this announcement appear quite manageable!?
Ann: Contract Loss, page-4
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Last
27.5¢ |
Change
0.020(7.84%) |
Mkt cap ! $39.59M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 27.5¢ | 25.5¢ | $44.47K | 166.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99999 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 21296 | 1 |
View Market Depth
| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| ASH (ASX) Chart |