Why is it a big drop?
It is because in Feb, they annouced the expected Revenue of $1.4b and not just $1.2b. But worst is earning margin, down from 24% to 11%. So effectively the profit downgrade from $336m to $132, a drop of 60%!
Crazy hopeless company.
I gave up and jumped.
I spent a lof of time talking to their investor relationship team (David and Rebeeca) in the past, pushing for share back-back. Now they just "considering". Hopeless!
Booked a big loss today but can offset my other capital gains.
Moved on.
Lesson learnt.
Have to stick to my investment rules next time.
Why is it a big drop? It is because in Feb, they annouced the...
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Last
$5.71 |
Change
-0.060(1.04%) |
Mkt cap ! $4.134B | |||
| Open | High | Low | Value | Volume |
| $5.70 | $5.78 | $5.69 | $6.339M | 1.108M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $5.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.72 | 1701 | 2 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| A2M (ASX) Chart |