AD8 1.97% $16.40 audinate group limited

Ann: Resignation of Chief Financial Officer, page-28

  1. 10 Posts.
    yeah, i struggle to understand the severity of the drop, i get it if the company get a downgraded or disappointed, but all this has been simply no bad news. I guess the biggest spook was the CEO sold a chunk at the high price + CFO sudden leaving caused knee jerk reaction to the lofty SP. I am confident it will recover, just the question of when. We are straight 4 months of losses, worst case may be another two months? We already gave back half the gain since November, historic movement suggested that's usually the worst it can be. But the key thing is hopefully we dont get a downgrade or disappointing announcement from the company in the next few months or in August.



    https://hotcopper.com.au/data/attachments/6203/6203804-849c3937354e499ae5b3944427ad5eb2.jpg


 
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