This will run strongly from here IMHO. Most analysts and investors are superficial and don't have or take the time to understand a business of any complexity. So when someone issues a negative reaction to an announcement, they panic easily like today.
I have familiarity with this company and how the various parts fit together, and what Scott, Nick, Adrianand Tyson in US are doing is going to be written up in books in the future.
We more than doubled our holding today, not quite catching the minimum but very pleased with the price of $4.
What matters is the forward plan and execution thereof, and so far so good with this team.
A friend has a brother working at the trades level and his life has improved out of sight since his business integrated into JLG.
Ann: FY2024 Results Presentation, page-54
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Last
$3.81 |
Change
0.110(2.97%) |
Mkt cap ! $1.071B | |||
| Open | High | Low | Value | Volume |
| $3.77 | $3.84 | $3.70 | $2.671M | 704.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5986 | $3.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.82 | 12504 | 1 |
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| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| JLG (ASX) Chart |