I topped up with the hypothesis that 'Mr Market' can be too pessimistic initially, and then after analysts quiz the CEO, sentiment improves a little.
This pattern isn't guaranteed but many of us will have seen it occur with a few other companies.
By the way, today has been a constructive discussion on 'HC' re RIC where I've learnt new aspects. Unfortunately this isn't true of every 'HC' thread across the ASX's listed entities.
Ann: Market Update - Wilsons and Agfood Conferences, page-10
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Last
$2.20 |
Change
-0.020(0.90%) |
Mkt cap ! $691.6M | |||
| Open | High | Low | Value | Volume |
| $2.24 | $2.26 | $2.19 | $302.5K | 135.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 6802 | $2.19 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.20 | 9187 | 30 |
View Market Depth
| Last trade - 13.52pm 09/08/2024 (20 minute delay) ? |
| RIC (ASX) Chart |