It may bounce tomorrow with the Dow up, but I really don't know where you're getting positive news from this announcement. It's written to fool people perhaps but it is a profit downgrade.
I suggest you take a look at the various articles.
market update, page-12
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Last
$16.78 |
Change
0.160(0.96%) |
Mkt cap ! $25.30B | |||
| Open | High | Low | Value | Volume |
| $16.72 | $16.86 | $16.65 | $18.73M | 1.114M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 18 | 4790 | $16.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.80 | 1912 | 15 |
View Market Depth
| Last trade - 12.38pm 14/10/2024 (20 minute delay) ? |
| QBE (ASX) Chart |