With price war you are back to the old conundrum.
All contenders are loosing money hand over fist. Profits dwindle, SP plummets.
Cutting prices is not cost cutting.
So how to cut cost? Executives should lead by example, they do not want to cheese of remaining few employees IMO.
reason for sell off, page-32
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Last
$3.88 |
Change
0.000(0.00%) |
Mkt cap ! $44.83B | |||
| Open | High | Low | Value | Volume |
| $3.87 | $3.91 | $3.86 | $69.78M | 18.08M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 66211 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 400250 | 3 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| TLS (ASX) Chart |